Inputs

Database and Methods

new 01-08-2025

Preços

Cadastro

Managed Volatility

portfolio_name:
- beta_brasil

risk_target:
- ibovfut_av: 2
- brlusdfut_av: 1
- dif3yfut_av: 2

allocation method:
- vol

running allocation...

clusters_weights_resampled
smll_av brlusdfut_av dif3yfut_av
1998-12-31 0.511317 0.340248 0.478290
1999-01-28 0.494910 0.117648 0.437679
1999-02-25 0.492232 0.116226 0.442523
1999-03-25 0.480166 0.114722 0.442452
1999-04-29 0.483165 0.113492 0.441889
... ... ... ...
2025-03-27 0.609365 0.277898 0.492721
2025-04-24 0.588975 0.270443 0.490933
2025-05-29 0.588138 0.271228 0.500357
2025-06-26 0.591941 0.276001 0.518153
2025-07-31 0.576859 0.282246 0.526406

320 rows × 3 columns

clusters_weights
smll_av brlusdfut_av dif3yfut_av cdi
date
1998-12-31 0.511317 0.340248 0.478290 -0.329855
1999-01-01 0.511318 0.340247 0.478291 -0.329856
1999-01-04 0.507028 0.344513 0.475216 -0.326758
1999-01-05 0.503329 0.347161 0.473557 -0.324047
1999-01-06 0.501633 0.347617 0.473380 -0.322631
... ... ... ... ...
2025-07-28 0.583327 0.281609 0.528702 -0.393638
2025-07-29 0.580577 0.281181 0.528932 -0.390690
2025-07-30 0.584039 0.279832 0.524403 -0.388275
2025-07-31 0.576859 0.282246 0.526406 -0.385510
2025-08-01 0.573322 0.283062 0.526878 -0.383262

6937 rows × 4 columns

clusters_weights (pack_only)
usdbrlfut dif3yfut smal11_excdi cdi
date
1998-12-31 -3.892852 0.184039 0.000000 1.0
1999-01-01 -3.950090 0.190262 0.000000 1.0
1999-01-04 -3.999551 0.189039 0.000000 1.0
1999-01-05 -4.012046 0.188372 0.000000 1.0
1999-01-06 -4.008558 0.188271 0.000000 1.0
... ... ... ... ...
2025-07-28 -0.254412 1.052535 0.271806 1.0
2025-07-29 -0.253965 1.053655 0.273050 1.0
2025-07-30 -0.253344 1.044527 0.272807 1.0
2025-07-31 -0.255533 1.049492 0.257064 1.0
2025-08-01 -0.256659 1.055283 0.255369 1.0

6937 rows × 4 columns

securities_weights
usdbrlfut dif3yfut smal11_excdi cdi
date
1998-12-31 -3.892852 0.184039 0.000000 1.0
1999-01-01 -3.950090 0.190262 0.000000 1.0
1999-01-04 -3.999551 0.189039 0.000000 1.0
1999-01-05 -4.012046 0.188372 0.000000 1.0
1999-01-06 -4.008558 0.188271 0.000000 1.0
... ... ... ... ...
2025-07-28 -0.254412 1.052535 0.271806 1.0
2025-07-29 -0.253965 1.053655 0.273050 1.0
2025-07-30 -0.253344 1.044527 0.272807 1.0
2025-07-31 -0.255533 1.049492 0.257064 1.0
2025-08-01 -0.256659 1.055283 0.255369 1.0

6937 rows × 4 columns

cota_gross
date
1998-12-31     1.000000
1999-01-01     0.999997
1999-01-04     1.009145
1999-01-05     1.017254
1999-01-06     1.021389
                ...    
2025-07-28    22.930489
2025-07-29    23.098502
2025-07-30    23.237234
2025-07-31    22.978805
2025-08-01    23.108733
Length: 6937, dtype: float64
cota_net
date
1998-12-31     1.000000
1999-01-01     0.999997
1999-01-04     1.009143
1999-01-05     1.017253
1999-01-06     1.021387
                ...    
2025-07-28    22.830005
2025-07-29    22.997289
2025-07-30    23.135411
2025-07-31    22.878082
2025-08-01    23.007428
Length: 6937, dtype: float64
running sizing...

clusters_weights_resampled_sized
smll_av brlusdfut_av dif3yfut_av cdi
1998-12-31 NaN NaN NaN NaN
1999-01-28 0.049491 0.011765 0.043768 -0.005024
1999-01-29 0.496140 0.116992 0.437169 -0.050301
1999-02-25 0.492232 0.116226 0.442523 -0.050981
1999-03-25 0.480166 0.114722 0.442452 -0.037340
... ... ... ... ...
2025-03-27 0.609365 0.277898 0.492721 -0.379984
2025-04-24 0.588975 0.270443 0.490933 -0.350352
2025-05-29 0.588138 0.271228 0.500357 -0.359723
2025-06-26 0.591941 0.276001 0.518153 -0.386094
2025-07-31 0.576859 0.282246 0.526406 -0.385510

427 rows × 4 columns

clusters_weights_sized
smll_av brlusdfut_av dif3yfut_av cdi
date
1998-12-31 NaN NaN NaN 1.000000
1999-01-01 NaN NaN NaN 1.000000
1999-01-04 NaN NaN NaN 1.000000
1999-01-05 NaN NaN NaN 1.000000
1999-01-06 NaN NaN NaN 1.000000
... ... ... ... ...
2025-07-28 0.586142 0.282968 0.531253 -0.400362
2025-07-29 0.583485 0.282590 0.531581 -0.397657
2025-07-30 0.587075 0.281286 0.527129 -0.395490
2025-07-31 0.576859 0.282246 0.526406 -0.385510
2025-08-01 0.573443 0.283122 0.526989 -0.383554

6937 rows × 4 columns

clusters_weights_sized (pack_only)
usdbrlfut dif3yfut smal11_excdi cdi
date
1998-12-31 0.000000 0.000000 0.000000 1.0
1999-01-01 0.000000 0.000000 0.000000 1.0
1999-01-04 0.000000 0.000000 0.000000 1.0
1999-01-05 0.000000 0.000000 0.000000 1.0
1999-01-06 0.000000 0.000000 0.000000 1.0
... ... ... ... ...
2025-07-28 -0.255640 1.057614 0.273118 1.0
2025-07-29 -0.255237 1.058933 0.274417 1.0
2025-07-30 -0.254660 1.049956 0.274225 1.0
2025-07-31 -0.255533 1.049492 0.257064 1.0
2025-08-01 -0.256714 1.055506 0.255423 1.0

6937 rows × 4 columns

securities_weights
usdbrlfut dif3yfut smal11_excdi cdi
date
1998-12-31 0.000000 0.000000 0.000000 1.0
1999-01-01 0.000000 0.000000 0.000000 1.0
1999-01-04 0.000000 0.000000 0.000000 1.0
1999-01-05 0.000000 0.000000 0.000000 1.0
1999-01-06 0.000000 0.000000 0.000000 1.0
... ... ... ... ...
2025-07-28 -0.255640 1.057614 0.273118 1.0
2025-07-29 -0.255237 1.058933 0.274417 1.0
2025-07-30 -0.254660 1.049956 0.274225 1.0
2025-07-31 -0.255533 1.049492 0.257064 1.0
2025-08-01 -0.256714 1.055506 0.255423 1.0

6937 rows × 4 columns

cota_gross_sized
date
1998-12-31     1.000000
1999-01-01     1.000000
1999-01-04     1.001012
1999-01-05     1.002021
1999-01-06     1.003030
                ...    
2025-07-28    35.954939
2025-07-29    36.219557
2025-07-30    36.438086
2025-07-31    36.030636
2025-08-01    36.234363
Length: 6937, dtype: float64
cota_net_sized
date
1998-12-31     1.000000
1999-01-01     1.000000
1999-01-04     1.001012
1999-01-05     1.002021
1999-01-06     1.003030
                ...    
2025-07-28    35.557195
2025-07-29    35.818898
2025-07-30    36.035006
2025-07-31    35.632011
2025-08-01    35.833463
Length: 6937, dtype: float64
beta_brasil
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2025 6.6 -0.4 4.3 6.1 2.3 3.9 -3.4 0.6 – – – – 20.0
beta_brasil
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2022 2.8 -0.4 4.9 -3.9 0.6 -6.4 2.4 5.5 0.8 3.0 -5.7 0.5 4.1
2023 1.9 -2.3 3.0 1.9 6.5 6.3 1.8 -2.9 -1.8 -2.7 7.6 3.9 23.2
2024 -1.9 -0.4 0.3 -6.1 -1.4 -3.9 1.7 2.0 -1.3 -2.7 -5.1 -5.8 -24.6
2025 6.6 -0.4 4.3 6.1 2.3 3.9 -3.4 0.6 – – – – 20.0
beta_brasil
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2020 0.4 -2.2 -12.2 -1.1 1.4 2.4 3.0 -1.9 -2.4 -1.5 4.4 4.0 -5.7
2021 -2.7 -2.3 0.1 2.8 2.1 0.8 -3.6 -2.8 -4.1 -8.3 1.5 4.6 -11.9
2022 1.1 -0.4 4.9 -3.9 0.6 -6.4 2.4 5.5 0.8 3.0 -5.7 0.5 2.4
2023 1.9 -2.3 3.0 1.9 6.5 6.3 1.8 -2.9 -1.8 -2.7 7.6 3.9 23.2
2024 -1.9 -0.4 0.3 -6.1 -1.4 -3.9 1.7 2.0 -1.3 -2.7 -5.1 -5.8 -24.6
2025 6.6 -0.4 4.3 6.1 2.3 3.9 -3.4 0.6 – – – – 20.0
beta_brasil
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2005 1.6 2.3 -0.7 3.6 3.6 4.0 -0.0 1.1 14.2 -3.1 4.6 4.5 35.7
2006 10.2 6.3 -1.6 2.1 -10.0 5.0 2.9 4.1 2.4 5.6 6.4 6.4 39.8
2007 -0.5 1.6 3.6 6.5 7.7 -0.7 -0.5 -7.4 5.1 2.8 -4.4 -1.2 12.6
2008 -2.2 4.4 -5.3 3.7 2.6 -4.0 4.2 -1.3 -9.5 -5.4 1.9 7.8 -3.1
2009 1.5 1.2 2.8 5.6 5.5 -0.1 4.2 2.2 2.8 0.2 3.2 2.9 32.0
2010 -0.8 3.7 1.5 -1.1 0.7 2.6 7.4 4.6 0.8 3.9 -2.8 2.9 23.4
2011 -7.1 3.5 2.5 3.6 2.1 -0.8 -3.0 7.1 -6.8 7.2 2.3 -4.5 6.1
2012 8.9 5.9 0.6 4.6 -3.9 4.2 1.8 3.3 1.9 4.1 -2.5 5.7 34.6
2013 -0.1 -1.5 -3.3 4.5 -9.6 -13.2 -0.7 -5.6 5.3 0.8 -3.5 -0.5 -27.4
2014 -5.5 4.5 2.4 1.9 3.6 2.0 -0.6 5.6 -9.9 -0.0 1.3 -4.7 0.6
2015 -0.7 -0.0 -3.0 2.6 0.5 -0.4 -2.0 -6.3 -4.2 2.4 -0.4 -1.5 -13.0
2016 0.9 3.8 8.6 5.1 -2.1 6.8 5.2 1.0 2.5 3.5 -3.3 2.7 34.7
2017 6.8 4.0 1.1 1.0 -3.5 0.7 5.9 3.0 2.4 -1.6 -0.9 3.4 22.3
2018 3.4 0.8 1.4 -0.5 -7.6 -3.7 4.5 -6.6 0.7 11.8 1.7 2.7 8.6
2019 5.9 -1.2 -0.5 0.8 3.4 6.0 3.6 -2.0 2.8 4.4 -1.7 6.3 27.8
2020 0.4 -2.2 -12.2 -1.1 1.4 2.4 3.0 -1.9 -2.4 -1.5 4.4 4.0 -5.7
2021 -2.7 -2.3 0.1 2.8 2.1 0.8 -3.6 -2.8 -4.1 -8.3 1.5 4.6 -11.9
2022 1.1 -0.4 4.9 -3.9 0.6 -6.4 2.4 5.5 0.8 3.0 -5.7 0.5 2.4
2023 1.9 -2.3 3.0 1.9 6.5 6.3 1.8 -2.9 -1.8 -2.7 7.6 3.9 23.2
2024 -1.9 -0.4 0.3 -6.1 -1.4 -3.9 1.7 2.0 -1.3 -2.7 -5.1 -5.8 -24.6
2025 6.6 -0.4 4.3 6.1 2.3 3.9 -3.4 0.6 – – – – 20.0
beta_brasil_sized
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2025 6.6 -0.4 4.3 6.1 2.3 3.9 -3.4 0.6 – – – – 20.0
beta_brasil_sized
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2022 2.8 -0.4 4.9 -3.9 0.6 -6.4 2.4 5.5 0.7 2.9 -5.3 0.5 4.3
2023 1.9 -2.3 3.0 1.9 6.5 6.4 1.8 -2.9 -1.8 -2.7 7.6 3.9 23.3
2024 -1.9 -0.4 0.3 -6.1 -0.5 -3.9 1.7 2.0 -1.3 -2.7 -5.2 -4.0 -22.0
2025 6.6 -0.4 4.3 6.1 2.3 3.9 -3.4 0.6 – – – – 20.0
beta_brasil_sized
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2020 0.4 -2.2 -8.3 -1.9 1.4 2.4 3.0 -1.9 -2.4 -1.5 4.4 4.0 -2.6
2021 -2.7 -2.3 0.1 2.8 2.1 0.8 -3.6 -2.8 -4.1 -8.0 1.4 4.6 -11.7
2022 1.1 -0.4 4.9 -3.9 0.6 -6.4 2.4 5.5 0.7 2.9 -5.3 0.5 2.6
2023 1.9 -2.3 3.0 1.9 6.5 6.4 1.8 -2.9 -1.8 -2.7 7.6 3.9 23.3
2024 -1.9 -0.4 0.3 -6.1 -0.5 -3.9 1.7 2.0 -1.3 -2.7 -5.2 -4.0 -22.0
2025 6.6 -0.4 4.3 6.1 2.3 3.9 -3.4 0.6 – – – – 20.0
beta_brasil_sized
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2005 1.6 2.3 -0.7 3.6 3.6 4.0 -0.1 1.1 12.5 -3.2 4.6 4.5 33.8
2006 10.2 6.4 -2.7 2.1 -10.4 4.9 2.9 4.1 2.4 5.6 6.4 6.4 38.3
2007 -0.5 1.6 3.6 6.5 7.7 -0.5 -1.2 -4.4 5.1 2.8 -4.4 -1.3 15.0
2008 -2.2 4.4 -5.4 3.7 2.6 -4.0 4.2 -1.3 -9.1 -5.4 1.9 7.8 -2.8
2009 1.5 1.2 2.8 5.6 5.5 -0.1 4.2 2.2 2.8 0.2 3.2 2.9 32.0
2010 -0.8 3.7 1.5 -1.1 0.4 2.6 7.4 4.6 0.8 3.9 -2.8 2.9 23.1
2011 -7.1 3.6 2.5 3.6 2.1 -0.8 -3.1 7.2 -3.8 5.8 2.3 -4.5 7.8
2012 8.9 6.0 0.6 4.6 -3.8 4.2 1.8 3.3 1.9 4.1 -2.5 5.7 34.8
2013 -0.1 -1.5 -3.4 4.5 -9.6 -7.4 -0.7 -5.5 5.3 0.8 -3.5 -0.5 -21.6
2014 -5.5 4.5 2.5 1.9 3.6 2.0 -0.6 5.6 -10.2 0.3 1.3 -4.7 0.7
2015 -0.8 -0.0 -3.0 2.6 0.5 -0.4 -2.0 -6.3 -4.2 2.4 -0.4 -1.5 -13.1
2016 0.9 3.8 8.6 5.1 -2.1 6.8 5.2 1.0 2.5 3.5 -3.3 2.7 34.7
2017 6.8 4.0 1.1 0.9 -3.5 0.7 5.9 3.1 2.4 -1.6 -0.9 3.5 22.4
2018 3.4 0.8 1.4 -0.5 -7.6 -1.8 4.3 -4.8 1.0 12.4 1.7 2.7 13.0
2019 5.9 -1.2 -0.5 0.8 3.4 6.0 3.6 -2.0 2.8 4.4 -1.7 6.4 27.9
2020 0.4 -2.2 -8.3 -1.9 1.4 2.4 3.0 -1.9 -2.4 -1.5 4.4 4.0 -2.6
2021 -2.7 -2.3 0.1 2.8 2.1 0.8 -3.6 -2.8 -4.1 -8.0 1.4 4.6 -11.7
2022 1.1 -0.4 4.9 -3.9 0.6 -6.4 2.4 5.5 0.7 2.9 -5.3 0.5 2.6
2023 1.9 -2.3 3.0 1.9 6.5 6.4 1.8 -2.9 -1.8 -2.7 7.6 3.9 23.3
2024 -1.9 -0.4 0.3 -6.1 -0.5 -3.9 1.7 2.0 -1.3 -2.7 -5.2 -4.0 -22.0
2025 6.6 -0.4 4.3 6.1 2.3 3.9 -3.4 0.6 – – – – 20.0
Total: 5.833698272705078
beta_brasil
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2025 6.6 -0.4 4.3 6.1 2.3 3.9 -3.4 0.6 – – – – 20.0
beta_brasil
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2022 2.8 -0.4 4.9 -3.9 0.6 -6.4 2.4 5.5 0.8 3.0 -5.7 0.5 4.1
2023 1.9 -2.3 3.0 1.9 6.5 6.3 1.8 -2.9 -1.8 -2.7 7.6 3.9 23.2
2024 -1.9 -0.4 0.3 -6.1 -1.4 -3.9 1.7 2.0 -1.3 -2.7 -5.1 -5.8 -24.6
2025 6.6 -0.4 4.3 6.1 2.3 3.9 -3.4 0.6 – – – – 20.0
beta_brasil
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2020 0.4 -2.2 -12.2 -1.1 1.4 2.4 3.0 -1.9 -2.4 -1.5 4.4 4.0 -5.7
2021 -2.7 -2.3 0.1 2.8 2.1 0.8 -3.6 -2.8 -4.1 -8.3 1.5 4.6 -11.9
2022 1.1 -0.4 4.9 -3.9 0.6 -6.4 2.4 5.5 0.8 3.0 -5.7 0.5 2.4
2023 1.9 -2.3 3.0 1.9 6.5 6.3 1.8 -2.9 -1.8 -2.7 7.6 3.9 23.2
2024 -1.9 -0.4 0.3 -6.1 -1.4 -3.9 1.7 2.0 -1.3 -2.7 -5.1 -5.8 -24.6
2025 6.6 -0.4 4.3 6.1 2.3 3.9 -3.4 0.6 – – – – 20.0
beta_brasil
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2005 1.6 2.3 -0.7 3.6 3.6 4.0 -0.0 1.1 14.2 -3.1 4.6 4.5 35.7
2006 10.2 6.3 -1.6 2.1 -10.0 5.0 2.9 4.1 2.4 5.6 6.4 6.4 39.8
2007 -0.5 1.6 3.6 6.5 7.7 -0.7 -0.5 -7.4 5.1 2.8 -4.4 -1.2 12.6
2008 -2.2 4.4 -5.3 3.7 2.6 -4.0 4.2 -1.3 -9.5 -5.4 1.9 7.8 -3.1
2009 1.5 1.2 2.8 5.6 5.5 -0.1 4.2 2.2 2.8 0.2 3.2 2.9 32.0
2010 -0.8 3.7 1.5 -1.1 0.7 2.6 7.4 4.6 0.8 3.9 -2.8 2.9 23.4
2011 -7.1 3.5 2.5 3.6 2.1 -0.8 -3.0 7.1 -6.8 7.2 2.3 -4.5 6.1
2012 8.9 5.9 0.6 4.6 -3.9 4.2 1.8 3.3 1.9 4.1 -2.5 5.7 34.6
2013 -0.1 -1.5 -3.3 4.5 -9.6 -13.2 -0.7 -5.6 5.3 0.8 -3.5 -0.5 -27.4
2014 -5.5 4.5 2.4 1.9 3.6 2.0 -0.6 5.6 -9.9 -0.0 1.3 -4.7 0.6
2015 -0.7 -0.0 -3.0 2.6 0.5 -0.4 -2.0 -6.3 -4.2 2.4 -0.4 -1.5 -13.0
2016 0.9 3.8 8.6 5.1 -2.1 6.8 5.2 1.0 2.5 3.5 -3.3 2.7 34.7
2017 6.8 4.0 1.1 1.0 -3.5 0.7 5.9 3.0 2.4 -1.6 -0.9 3.4 22.3
2018 3.4 0.8 1.4 -0.5 -7.6 -3.7 4.5 -6.6 0.7 11.8 1.7 2.7 8.6
2019 5.9 -1.2 -0.5 0.8 3.4 6.0 3.6 -2.0 2.8 4.4 -1.7 6.3 27.8
2020 0.4 -2.2 -12.2 -1.1 1.4 2.4 3.0 -1.9 -2.4 -1.5 4.4 4.0 -5.7
2021 -2.7 -2.3 0.1 2.8 2.1 0.8 -3.6 -2.8 -4.1 -8.3 1.5 4.6 -11.9
2022 1.1 -0.4 4.9 -3.9 0.6 -6.4 2.4 5.5 0.8 3.0 -5.7 0.5 2.4
2023 1.9 -2.3 3.0 1.9 6.5 6.3 1.8 -2.9 -1.8 -2.7 7.6 3.9 23.2
2024 -1.9 -0.4 0.3 -6.1 -1.4 -3.9 1.7 2.0 -1.3 -2.7 -5.1 -5.8 -24.6
2025 6.6 -0.4 4.3 6.1 2.3 3.9 -3.4 0.6 – – – – 20.0
beta_brasil_timing_long_bias
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2025 -0.3 -0.3 0.9 5.4 2.4 1.4 -2.1 -0.1 – – – – 7.3
beta_brasil_timing_long_bias
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2022 0.7 -2.0 2.2 -1.1 -0.3 1.9 1.2 4.5 -1.0 -1.5 -1.6 1.2 4.2
2023 -1.1 -0.0 2.3 0.7 7.5 5.3 1.1 -1.1 -0.2 -0.4 4.1 4.2 22.4
2024 -2.9 -1.6 -1.0 0.6 -0.2 2.7 -0.3 0.7 -1.7 2.4 1.2 1.2 1.1
2025 -0.3 -0.3 0.9 5.4 2.4 1.4 -2.1 -0.1 – – – – 7.3
beta_brasil_timing_long_bias
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2020 3.7 2.6 -2.0 -1.5 1.3 2.8 2.8 -2.0 -1.0 -0.9 1.4 4.1 11.3
2021 -2.2 -0.2 -0.6 0.9 1.2 -0.5 -1.5 -0.2 0.9 0.2 0.3 1.9 0.2
2022 0.4 -2.0 2.2 -1.1 -0.3 1.9 1.2 4.5 -1.0 -1.5 -1.6 1.2 3.9
2023 -1.1 -0.0 2.3 0.7 7.5 5.3 1.1 -1.1 -0.2 -0.4 4.1 4.2 22.4
2024 -2.9 -1.6 -1.0 0.6 -0.2 2.7 -0.3 0.7 -1.7 2.4 1.2 1.2 1.1
2025 -0.3 -0.3 0.9 5.4 2.4 1.4 -2.1 -0.1 – – – – 7.3
beta_brasil_timing_long_bias
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2005 0.0 0.8 -0.1 0.5 0.8 1.4 -0.6 -0.5 15.0 -5.7 1.2 7.8 20.6
2006 10.9 5.8 -3.4 -0.6 -2.0 2.3 2.6 2.8 2.1 5.7 8.4 7.9 42.5
2007 -2.1 0.8 2.1 7.5 7.4 -2.0 -1.1 -0.2 2.5 1.8 -1.3 0.3 15.7
2008 0.0 2.4 -1.6 1.6 2.3 -1.5 2.2 2.4 1.2 -0.1 2.0 10.1 21.0
2009 2.5 2.3 3.1 5.8 4.8 -1.2 3.3 2.7 2.3 0.5 3.7 2.5 32.3
2010 1.9 0.6 -0.1 -1.2 2.8 0.7 6.9 5.4 -0.9 3.2 -2.1 0.1 17.3
2011 -1.1 0.2 0.7 0.7 1.6 -1.1 -0.2 14.4 8.3 0.0 6.5 -4.3 25.7
2012 3.3 5.6 3.8 9.2 6.0 1.9 1.2 2.0 1.8 5.2 0.5 3.2 43.7
2013 -2.1 -0.2 -0.4 0.3 1.5 1.1 0.5 0.4 0.7 -0.2 -0.3 0.4 1.7
2014 0.4 0.9 0.6 0.2 4.0 1.0 0.8 4.1 -1.7 -1.2 2.4 -0.8 10.7
2015 1.7 2.1 2.6 -0.5 1.6 -1.9 1.9 0.9 2.3 0.2 -0.4 -0.0 10.5
2016 2.9 1.7 7.7 4.7 -1.6 0.5 6.6 -0.0 0.7 3.4 -2.2 0.9 25.3
2017 6.4 4.2 0.6 0.0 -10.0 0.8 5.1 3.8 3.0 -1.0 -1.0 2.2 14.1
2018 2.6 1.2 1.9 1.4 0.6 1.3 0.4 1.0 0.5 9.7 3.4 2.3 26.3
2019 5.7 -1.5 -0.4 -0.4 3.6 7.1 4.2 0.5 3.4 3.6 0.3 5.1 31.2
2020 3.7 2.6 -2.0 -1.5 1.3 2.8 2.8 -2.0 -1.0 -0.9 1.4 4.1 11.3
2021 -2.2 -0.2 -0.6 0.9 1.2 -0.5 -1.5 -0.2 0.9 0.2 0.3 1.9 0.2
2022 0.4 -2.0 2.2 -1.1 -0.3 1.9 1.2 4.5 -1.0 -1.5 -1.6 1.2 3.9
2023 -1.1 -0.0 2.3 0.7 7.5 5.3 1.1 -1.1 -0.2 -0.4 4.1 4.2 22.4
2024 -2.9 -1.6 -1.0 0.6 -0.2 2.7 -0.3 0.7 -1.7 2.4 1.2 1.2 1.1
2025 -0.3 -0.3 0.9 5.4 2.4 1.4 -2.1 -0.1 – – – – 7.3
beta_brasil_timing
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2025 -5.0 -0.2 -1.2 2.6 1.9 2.0 -0.7 -0.3 – – – – -0.9
beta_brasil_timing
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2022 1.7 -1.2 2.6 1.7 0.4 8.9 -0.0 1.8 -3.8 -4.8 4.3 1.6 13.2
2023 -2.5 2.5 2.4 -0.0 5.6 5.6 1.2 -0.1 1.7 3.4 -0.1 4.5 24.2
2024 -3.9 -2.6 -2.4 7.5 0.9 6.3 -3.1 -0.9 1.2 4.8 6.9 9.0 23.7
2025 -5.0 -0.2 -1.2 2.6 1.9 2.0 -0.7 -0.3 – – – – -0.9
beta_brasil_timing
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2020 2.4 4.6 3.8 -3.9 0.8 1.8 2.8 -3.3 0.1 -0.7 0.3 4.2 12.9
2021 -3.0 1.7 -1.9 -0.4 1.6 0.6 0.2 4.1 5.1 11.3 -1.2 -1.5 16.6
2022 2.6 -1.2 2.6 1.7 0.4 8.9 -0.0 1.8 -3.8 -4.8 4.3 1.6 14.1
2023 -2.5 2.5 2.4 -0.0 5.6 5.6 1.2 -0.1 1.7 3.4 -0.1 4.5 24.2
2024 -3.9 -2.6 -2.4 7.5 0.9 6.3 -3.1 -0.9 1.2 4.8 6.9 9.0 23.7
2025 -5.0 -0.2 -1.2 2.6 1.9 2.0 -0.7 -0.3 – – – – -0.9
beta_brasil_timing
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2005 0.6 0.4 -0.2 1.3 1.5 1.6 -1.4 -1.0 15.3 -6.3 -0.8 6.2 17.2
2006 12.5 6.2 -4.4 -0.5 4.2 0.7 1.7 1.8 0.9 5.2 7.8 8.5 44.6
2007 -2.3 0.1 2.0 7.4 9.3 -2.7 1.1 6.2 1.8 4.2 2.0 3.2 32.3
2008 3.9 1.3 2.9 1.3 2.9 4.7 0.8 4.8 7.7 5.0 0.7 10.1 46.1
2009 4.3 2.4 4.0 6.8 6.7 -1.3 3.3 2.3 4.0 1.5 3.6 1.8 39.4
2010 1.0 -1.0 -0.7 1.2 1.9 -0.7 5.8 5.2 0.4 1.2 -0.2 -0.6 13.5
2011 8.5 -3.2 0.4 0.4 0.9 1.4 5.6 16.7 9.6 -1.7 5.5 -4.3 39.8
2012 2.2 5.7 1.8 8.5 13.4 -0.6 -0.6 1.0 1.6 5.3 -0.1 4.0 42.2
2013 0.1 3.2 1.6 -3.6 7.8 16.4 0.4 3.4 -1.2 -1.6 1.6 1.2 29.3
2014 7.8 -1.0 1.1 -0.2 3.4 1.1 1.6 2.3 4.0 -2.4 1.6 4.5 23.8
2015 3.8 1.4 4.1 -1.5 0.6 -0.9 1.9 9.1 6.8 -0.9 -0.3 2.2 26.3
2016 5.0 -0.9 8.2 4.3 -1.8 -1.6 6.2 -0.3 -1.5 3.7 -2.5 0.8 19.6
2017 5.7 4.1 0.1 -1.4 -15.8 0.5 5.8 3.4 2.8 -1.2 -0.4 -0.4 3.2
2018 3.2 0.5 1.1 -0.2 8.1 5.8 -3.0 6.1 0.4 8.3 2.4 0.9 33.6
2019 7.0 -2.5 -2.4 -1.9 2.7 7.4 4.1 -0.9 2.7 3.3 -0.0 5.4 24.9
2020 2.4 4.6 3.8 -3.9 0.8 1.8 2.8 -3.3 0.1 -0.7 0.3 4.2 12.9
2021 -3.0 1.7 -1.9 -0.4 1.6 0.6 0.2 4.1 5.1 11.3 -1.2 -1.5 16.6
2022 2.6 -1.2 2.6 1.7 0.4 8.9 -0.0 1.8 -3.8 -4.8 4.3 1.6 14.1
2023 -2.5 2.5 2.4 -0.0 5.6 5.6 1.2 -0.1 1.7 3.4 -0.1 4.5 24.2
2024 -3.9 -2.6 -2.4 7.5 0.9 6.3 -3.1 -0.9 1.2 4.8 6.9 9.0 23.7
2025 -5.0 -0.2 -1.2 2.6 1.9 2.0 -0.7 -0.3 – – – – -0.9
beta_brasil_timing_lo
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2025 -0.0 -0.1 0.5 4.0 2.3 0.7 -1.6 -0.1 – – – – 5.7
beta_brasil_timing_lo
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2022 1.0 -1.1 2.5 -0.5 0.8 2.0 1.2 1.9 -2.8 -2.1 -0.6 1.2 3.5
2023 -0.5 0.7 2.1 0.9 6.2 5.5 0.6 -0.7 0.9 0.5 3.4 4.4 24.0
2024 -3.0 -1.3 -0.9 0.8 0.3 2.8 -0.7 0.1 -0.5 2.4 2.0 1.6 3.6
2025 -0.0 -0.1 0.5 4.0 2.3 0.7 -1.6 -0.1 – – – – 5.7
beta_brasil_timing_lo
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2020 3.0 3.2 -1.4 -1.5 0.8 2.1 3.0 -2.2 -0.1 -1.0 2.1 3.8 11.8
2021 -1.9 -0.5 -0.5 0.3 0.9 0.3 -1.0 0.2 0.9 1.1 0.3 0.3 0.4
2022 0.9 -1.1 2.5 -0.5 0.8 2.0 1.2 1.9 -2.8 -2.1 -0.6 1.2 3.4
2023 -0.5 0.7 2.1 0.9 6.2 5.5 0.6 -0.7 0.9 0.5 3.4 4.4 24.0
2024 -3.0 -1.3 -0.9 0.8 0.3 2.8 -0.7 0.1 -0.5 2.4 2.0 1.6 3.6
2025 -0.0 -0.1 0.5 4.0 2.3 0.7 -1.6 -0.1 – – – – 5.7
beta_brasil_timing_lo
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2005 1.1 1.1 0.6 1.4 1.5 2.2 -0.0 0.2 15.3 -4.3 -0.2 6.5 25.4
2006 11.1 6.2 -2.8 -1.8 0.0 1.6 2.7 2.6 1.8 5.2 8.1 7.9 42.6
2007 -1.9 0.8 2.0 6.8 7.3 -1.7 0.6 0.9 1.9 1.3 -0.3 0.6 18.3
2008 0.4 1.2 -1.1 0.7 3.2 -0.4 1.1 1.4 3.0 2.0 1.7 9.8 23.0
2009 2.2 1.7 3.0 6.4 4.5 -1.1 2.5 2.5 2.6 1.6 3.5 2.6 32.0
2010 1.8 0.2 -0.5 0.6 1.8 0.8 5.7 5.6 -0.4 2.2 -0.6 0.9 18.1
2011 -0.4 0.8 1.1 0.7 1.4 -0.1 0.7 13.2 6.9 -1.2 6.3 -3.8 25.6
2012 2.6 4.9 2.1 8.9 5.8 1.2 0.7 1.3 1.8 5.1 -0.3 3.6 37.7
2013 -1.6 0.3 0.8 0.6 1.9 -1.0 0.8 0.2 0.9 0.1 -0.0 1.0 4.0
2014 0.7 0.2 0.7 0.1 3.2 1.0 1.4 3.5 1.6 -0.7 1.9 0.3 13.9
2015 0.6 2.1 3.2 -0.5 1.0 -0.1 1.1 1.3 1.8 0.3 0.3 0.2 11.3
2016 1.7 1.5 7.3 3.6 -1.6 0.5 6.2 0.2 -0.1 3.4 -1.2 1.4 22.9
2017 6.0 3.9 0.6 -0.7 -9.9 0.9 4.5 3.7 2.8 -1.2 0.1 1.8 12.5
2018 2.4 1.2 1.8 0.8 2.5 1.3 -1.3 2.0 0.1 8.9 2.4 1.1 23.2
2019 6.1 -2.1 -0.2 -1.1 3.3 7.3 4.3 -0.2 2.7 3.7 0.2 5.2 29.2
2020 3.0 3.2 -1.4 -1.5 0.8 2.1 3.0 -2.2 -0.1 -1.0 2.1 3.8 11.8
2021 -1.9 -0.5 -0.5 0.3 0.9 0.3 -1.0 0.2 0.9 1.1 0.3 0.3 0.4
2022 0.9 -1.1 2.5 -0.5 0.8 2.0 1.2 1.9 -2.8 -2.1 -0.6 1.2 3.4
2023 -0.5 0.7 2.1 0.9 6.2 5.5 0.6 -0.7 0.9 0.5 3.4 4.4 24.0
2024 -3.0 -1.3 -0.9 0.8 0.3 2.8 -0.7 0.1 -0.5 2.4 2.0 1.6 3.6
2025 -0.0 -0.1 0.5 4.0 2.3 0.7 -1.6 -0.1 – – – – 5.7
beta_brasil_timing_so
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2025 -4.0 1.0 -0.8 -0.3 0.8 2.4 2.2 -0.1 – – – – 1.2
beta_brasil_timing_so
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2022 1.4 0.7 1.0 3.1 0.7 7.9 -0.2 1.0 0.1 -1.7 6.1 1.5 21.6
2023 -0.9 2.7 1.5 -0.1 0.6 1.2 1.7 1.7 1.7 3.9 -2.6 1.0 12.4
2024 0.1 -0.6 -0.7 7.6 1.4 4.2 -1.6 -0.1 2.6 3.3 5.7 8.4 30.3
2025 -4.0 1.0 -0.8 -0.3 0.8 2.4 2.2 -0.1 – – – – 1.2
beta_brasil_timing_so
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2020 -0.3 1.7 5.6 -2.1 0.2 -0.1 -0.1 -1.0 0.4 0.5 -1.6 0.5 3.7
2021 -1.0 2.3 -1.2 -0.5 0.9 0.5 1.5 4.4 4.6 10.7 -0.9 -1.0 20.3
2022 2.4 0.7 1.0 3.1 0.7 7.9 -0.2 1.0 0.1 -1.7 6.1 1.5 22.6
2023 -0.9 2.7 1.5 -0.1 0.6 1.2 1.7 1.7 1.7 3.9 -2.6 1.0 12.4
2024 0.1 -0.6 -0.7 7.6 1.4 4.2 -1.6 -0.1 2.6 3.3 5.7 8.4 30.3
2025 -4.0 1.0 -0.8 -0.3 0.8 2.4 2.2 -0.1 – – – – 1.2
beta_brasil_timing_so
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2005 0.9 0.4 0.7 1.3 1.5 0.9 0.1 0.5 1.5 -0.8 0.8 1.2 9.0
2006 2.7 1.1 -0.2 2.4 5.6 0.3 0.2 0.5 0.1 1.1 0.7 1.6 16.1
2007 0.7 0.2 1.0 1.5 2.9 -0.1 1.4 6.4 0.7 3.7 3.1 3.4 24.9
2008 4.5 0.8 4.9 1.5 0.5 6.1 0.8 4.4 5.8 4.3 0.1 1.4 35.1
2009 3.0 1.5 2.0 1.2 2.9 0.5 1.6 0.5 2.0 0.6 0.8 -0.1 16.5
2010 -0.1 -0.6 0.5 1.3 0.9 -0.7 0.9 0.5 1.6 -0.1 1.3 -0.5 5.0
2011 9.9 -3.2 0.3 0.5 0.5 2.4 5.8 4.3 3.6 0.4 0.1 0.4 25.0
2012 0.5 1.5 0.4 0.3 7.9 -1.2 -0.6 0.4 0.3 0.8 0.8 0.9 12.0
2013 2.3 3.4 1.4 -3.5 6.5 18.3 0.3 3.9 -1.4 -0.9 2.4 1.0 33.7
2014 8.0 -0.4 1.2 0.5 1.0 0.9 1.2 -0.3 3.3 -0.8 0.6 5.3 20.5
2015 4.2 0.1 1.9 -0.1 0.6 0.3 2.0 8.8 6.2 -0.1 0.4 3.2 27.5
2016 4.4 -1.4 2.0 1.7 0.9 -0.9 1.1 0.8 -0.3 1.3 -0.3 0.5 9.8
2017 0.8 1.1 0.6 0.0 -5.3 0.4 2.0 0.5 0.6 0.6 0.0 -1.7 -0.4
2018 1.4 -0.3 -0.2 -0.4 6.0 5.1 -1.2 4.7 0.8 0.0 0.5 0.3 16.7
2019 1.4 0.1 -1.7 -0.2 -0.1 0.6 0.4 -0.2 0.4 0.1 0.1 0.5 1.4
2020 -0.3 1.7 5.6 -2.1 0.2 -0.1 -0.1 -1.0 0.4 0.5 -1.6 0.5 3.7
2021 -1.0 2.3 -1.2 -0.5 0.9 0.5 1.5 4.4 4.6 10.7 -0.9 -1.0 20.3
2022 2.4 0.7 1.0 3.1 0.7 7.9 -0.2 1.0 0.1 -1.7 6.1 1.5 22.6
2023 -0.9 2.7 1.5 -0.1 0.6 1.2 1.7 1.7 1.7 3.9 -2.6 1.0 12.4
2024 0.1 -0.6 -0.7 7.6 1.4 4.2 -1.6 -0.1 2.6 3.3 5.7 8.4 30.3
2025 -4.0 1.0 -0.8 -0.3 0.8 2.4 2.2 -0.1 – – – – 1.2
portfolio_name:
- alfa

risk_target:
- ls: 0.75
- beta_brasil: 0.25

allocation method:
- vol

running allocation...

clusters_weights_resampled
ls beta_brasil_timing
2006-12-28 1.067199 0.233592
2007-01-25 1.128210 0.239233
2007-02-22 1.135045 0.243439
2007-03-29 1.127801 0.247741
2007-04-26 1.137801 0.253548
... ... ...
2025-03-27 1.033694 0.256358
2025-04-24 1.040758 0.260985
2025-05-29 1.046407 0.271482
2025-06-26 1.068936 0.279119
2025-07-31 1.072779 0.280467

224 rows × 2 columns

clusters_weights
ls beta_brasil_timing cdi
date
2006-12-28 1.067199 0.233592 -0.300791
2006-12-29 1.067089 0.233671 -0.300760
2007-01-01 1.067089 0.233671 -0.300760
2007-01-02 1.068669 0.228361 -0.297030
2007-01-03 1.069612 0.228170 -0.297783
... ... ... ...
2025-07-28 1.064571 0.280528 -0.345099
2025-07-29 1.064316 0.278859 -0.343175
2025-07-30 1.066848 0.273910 -0.340759
2025-07-31 1.072779 0.280467 -0.353246
2025-08-01 1.073583 0.279960 -0.353542

4852 rows × 3 columns

clusters_weights (pack_only)
smal11_excdi ls new dif3yfut usdbrlfut cdi
date
2006-12-28 0.158242 1.067199 0.379073 -0.057637 -0.067199
2006-12-29 0.158240 1.067089 0.379069 -0.080186 -0.067089
2007-01-01 0.158240 1.067089 0.379072 -0.080262 -0.067089
2007-01-02 0.129677 1.068669 0.376127 -0.079267 -0.068669
2007-01-03 0.050221 1.069612 0.376774 -0.049468 -0.069612
... ... ... ... ... ...
2025-07-28 -0.106749 1.064571 0.018130 -0.034840 -0.064571
2025-07-29 -0.106599 1.064316 0.352715 -0.008643 -0.064316
2025-07-30 -0.104615 1.066848 0.332254 -0.014381 -0.066848
2025-07-31 -0.100937 1.072779 -0.231347 0.036966 -0.072779
2025-08-01 -0.100090 1.073583 0.179141 -0.031767 -0.073583

4852 rows × 5 columns

securities_weights
boas3 flry3 prga4 cgas5 itub4 tmcp4 pcar3 tcoc4 hbor3 tend3-old ... asai3 tamm4 pmam3 vcpa4 bnca3 mrve3 abev3 goll4 hype3 cdi
date
2006-12-28 0.0 0.000000 0.0 0.083211 -0.016042 -0.036761 0.000000 0.0 0.0 0.0 ... 0.000000 0.022991 0.0 0.044399 -0.007311 0.000000 0.000000 0.0 0.000000 0.452214
2006-12-29 0.0 0.000000 0.0 0.083203 -0.016041 -0.036757 0.000000 0.0 0.0 0.0 ... 0.000000 0.022988 0.0 0.044394 -0.007310 0.000000 0.000000 0.0 0.000000 0.452270
2007-01-01 0.0 0.000000 0.0 0.083203 -0.016041 -0.036757 0.000000 0.0 0.0 0.0 ... 0.000000 0.022988 0.0 0.044394 -0.007310 0.000000 0.000000 0.0 0.000000 0.452270
2007-01-02 0.0 0.000000 0.0 0.066409 -0.029006 -0.044323 0.000000 0.0 0.0 0.0 ... 0.000000 -0.014171 0.0 0.033318 -0.001519 0.000000 0.000000 0.0 0.000000 0.623552
2007-01-03 0.0 0.000000 0.0 0.065103 -0.029252 -0.043228 0.000000 0.0 0.0 0.0 ... 0.000000 -0.013937 0.0 0.033036 -0.001526 0.000000 0.000000 0.0 0.000000 0.624650
... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
2025-07-28 0.0 0.000975 0.0 0.000000 -0.006668 0.000000 -0.009672 0.0 0.0 0.0 ... 0.001906 0.000000 0.0 0.000000 0.000000 -0.047477 -0.017151 0.0 -0.027499 1.107552
2025-07-29 0.0 0.000970 0.0 0.000000 -0.006669 0.000000 -0.009426 0.0 0.0 0.0 ... 0.001901 0.000000 0.0 0.000000 0.000000 -0.047763 -0.017224 0.0 -0.027269 1.101807
2025-07-30 0.0 0.000970 0.0 0.000000 -0.006698 0.000000 -0.009902 0.0 0.0 0.0 ... 0.001927 0.000000 0.0 0.000000 0.000000 -0.047659 -0.017049 0.0 -0.027326 1.091597
2025-07-31 0.0 0.000964 0.0 0.000000 -0.006762 0.000000 -0.009615 0.0 0.0 0.0 ... 0.001871 0.000000 0.0 0.000000 0.000000 -0.047196 -0.016267 0.0 -0.027167 1.088570
2025-08-01 0.0 0.007025 0.0 0.000000 -0.011214 0.000000 -0.008160 0.0 0.0 0.0 ... -0.004277 0.000000 0.0 0.000000 0.000000 -0.041224 -0.015266 0.0 -0.021632 1.185815

4852 rows × 369 columns

cota_gross
date
2006-12-28      1.000000
2006-12-29      0.999955
2007-01-01      0.999955
2007-01-02      1.012364
2007-01-03      1.009658
                 ...    
2025-07-28    614.830595
2025-07-29    618.160173
2025-07-30    622.426887
2025-07-31    625.097048
2025-08-01    624.451947
Length: 4852, dtype: float64
cota_net
date
2006-12-28      1.000000
2006-12-29      0.999955
2007-01-01      0.999955
2007-01-02      1.012363
2007-01-03      1.009657
                 ...    
2025-07-28    614.040168
2025-07-29    617.365621
2025-07-30    621.626224
2025-07-31    624.293163
2025-08-01    623.648871
Length: 4852, dtype: float64
running sizing...

clusters_weights_resampled_sized
ls beta_brasil_timing cdi
2006-12-28 NaN NaN NaN
2007-01-25 0.112821 0.023923 -0.036744
2007-01-26 1.128523 0.234420 -0.362943
2007-02-22 1.135045 0.243439 -0.378484
2007-03-29 1.127801 0.247741 -0.375542
... ... ... ...
2025-03-27 1.033694 0.256358 -0.290052
2025-04-24 1.040758 0.260985 -0.301743
2025-05-29 1.046407 0.271482 -0.317889
2025-06-26 1.068936 0.279119 -0.348054
2025-07-31 1.072779 0.280467 -0.353246

291 rows × 3 columns

clusters_weights_sized
ls beta_brasil_timing cdi
date
2006-12-28 NaN NaN 1.000000
2006-12-29 NaN NaN 1.000000
2007-01-01 NaN NaN 1.000000
2007-01-02 NaN NaN 1.000000
2007-01-03 NaN NaN 1.000000
... ... ... ...
2025-07-28 1.069071 0.281714 -0.350786
2025-07-29 1.068996 0.280085 -0.349082
2025-07-30 1.071711 0.275159 -0.346870
2025-07-31 1.072779 0.280467 -0.353246
2025-08-01 1.073792 0.280014 -0.353806

4852 rows × 3 columns

clusters_weights_sized (pack_only)
smal11_excdi ls new dif3yfut usdbrlfut cdi
date
2006-12-28 0.000000 0.000000 0.000000 0.000000 1.000000
2006-12-29 0.000000 0.000000 0.000000 0.000000 1.000000
2007-01-01 0.000000 0.000000 0.000000 0.000000 1.000000
2007-01-02 0.000000 0.000000 0.000000 0.000000 1.000000
2007-01-03 0.000000 0.000000 0.000000 0.000000 1.000000
... ... ... ... ... ...
2025-07-28 -0.107200 1.069071 0.018207 -0.034987 -0.069071
2025-07-29 -0.107068 1.068996 0.354266 -0.008681 -0.068996
2025-07-30 -0.105092 1.071711 0.333769 -0.014446 -0.071711
2025-07-31 -0.100937 1.072779 -0.231347 0.036966 -0.072779
2025-08-01 -0.100110 1.073792 0.179176 -0.031773 -0.073792

4852 rows × 5 columns

securities_weights
boas3 flry3 prga4 cgas5 itub4 tmcp4 pcar3 tcoc4 hbor3 tend3-old ... asai3 tamm4 pmam3 vcpa4 bnca3 mrve3 abev3 goll4 hype3 cdi
date
2006-12-28 0.0 0.000000 0.0 0.0 0.000000 0.0 0.000000 0.0 0.0 0.0 ... 0.000000 0.0 0.0 0.0 0.0 0.000000 0.000000 0.0 0.000000 1.000000
2006-12-29 0.0 0.000000 0.0 0.0 0.000000 0.0 0.000000 0.0 0.0 0.0 ... 0.000000 0.0 0.0 0.0 0.0 0.000000 0.000000 0.0 0.000000 1.000000
2007-01-01 0.0 0.000000 0.0 0.0 0.000000 0.0 0.000000 0.0 0.0 0.0 ... 0.000000 0.0 0.0 0.0 0.0 0.000000 0.000000 0.0 0.000000 1.000000
2007-01-02 0.0 0.000000 0.0 0.0 0.000000 0.0 0.000000 0.0 0.0 0.0 ... 0.000000 0.0 0.0 0.0 0.0 0.000000 0.000000 0.0 0.000000 1.000000
2007-01-03 0.0 0.000000 0.0 0.0 0.000000 0.0 0.000000 0.0 0.0 0.0 ... 0.000000 0.0 0.0 0.0 0.0 0.000000 0.000000 0.0 0.000000 1.000000
... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
2025-07-28 0.0 0.000979 0.0 0.0 -0.006697 0.0 -0.009713 0.0 0.0 0.0 ... 0.001914 0.0 0.0 0.0 0.0 -0.047677 -0.017224 0.0 -0.027615 1.108007
2025-07-29 0.0 0.000974 0.0 0.0 -0.006698 0.0 -0.009468 0.0 0.0 0.0 ... 0.001909 0.0 0.0 0.0 0.0 -0.047973 -0.017300 0.0 -0.027389 1.102255
2025-07-30 0.0 0.000975 0.0 0.0 -0.006728 0.0 -0.009947 0.0 0.0 0.0 ... 0.001936 0.0 0.0 0.0 0.0 -0.047876 -0.017127 0.0 -0.027451 1.092015
2025-07-31 0.0 0.000964 0.0 0.0 -0.006762 0.0 -0.009615 0.0 0.0 0.0 ... 0.001871 0.0 0.0 0.0 0.0 -0.047196 -0.016267 0.0 -0.027167 1.088570
2025-08-01 0.0 0.007027 0.0 0.0 -0.011216 0.0 -0.008161 0.0 0.0 0.0 ... -0.004278 0.0 0.0 0.0 0.0 -0.041232 -0.015269 0.0 -0.021637 1.185851

4852 rows × 369 columns

cota_gross_sized
date
2006-12-28      1.000000
2006-12-29      1.000491
2007-01-01      1.000491
2007-01-02      1.000983
2007-01-03      1.001474
                 ...    
2025-07-28    508.228450
2025-07-29    510.991182
2025-07-30    514.532456
2025-07-31    516.748527
2025-08-01    516.215241
Length: 4852, dtype: float64
cota_net_sized
date
2006-12-28      1.000000
2006-12-29      1.000491
2007-01-01      1.000491
2007-01-02      1.000983
2007-01-03      1.001474
                 ...    
2025-07-28    506.878526
2025-07-29    509.634049
2025-07-30    513.165403
2025-07-31    515.375728
2025-08-01    514.843844
Length: 4852, dtype: float64
portfolio_name:
- beta_global

risk_target:
- equity_av: 1
- ust10yfut_av: 1
- xaufut_av: 1
- btcfut_av: 1

allocation method:
- vol

running allocation...

clusters_weights_resampled
equity_av ust10yfut_av xaufut_av btcfut_av
2014-12-25 0.506694 0.629430 0.639895 0.833328
2015-01-29 0.527125 0.627605 0.618857 0.743848
2015-02-26 0.525528 0.600916 0.596878 0.844805
2015-03-26 0.508952 0.584721 0.593216 0.830438
2015-04-30 0.500104 0.566053 0.563572 0.866679
... ... ... ... ...
2025-03-27 0.431603 0.518505 0.439478 0.470872
2025-04-24 0.412581 0.514205 0.426734 0.466285
2025-05-29 0.431320 0.532561 0.451053 0.498545
2025-06-26 0.442275 0.558365 0.471206 0.512534
2025-07-31 0.453480 0.569483 0.477271 0.532399

128 rows × 4 columns

clusters_weights
equity_av ust10yfut_av xaufut_av btcfut_av cdi
date
2014-12-25 0.506694 0.629430 0.639895 0.833328 -1.609348
2014-12-26 0.501810 0.622729 0.639342 0.827191 -1.591072
2014-12-29 0.503854 0.625184 0.635641 0.821225 -1.585904
2014-12-30 0.499630 0.623559 0.637047 0.815446 -1.575682
2014-12-31 0.500371 0.626420 0.634307 0.821131 -1.582229
... ... ... ... ... ...
2025-07-28 0.429980 0.546317 0.471602 0.522327 -0.970225
2025-07-29 0.427854 0.545696 0.468648 0.517438 -0.959636
2025-07-30 0.432866 0.545409 0.465307 0.520435 -0.964017
2025-07-31 0.453480 0.569483 0.477271 0.532399 -1.032632
2025-08-01 0.447143 0.571753 0.477500 0.522042 -1.018439

2767 rows × 5 columns

clusters_weights (pack_only)
xauusd_brl_hedged spx_brl_hedged ust10y lo_timing new btcusd_brl_hedged cdi
date
2014-12-25 0.293561 0.134283 1.433161 0.163188 0.086344 -1.110538
2014-12-26 0.293588 0.134617 1.418122 0.170841 0.085707 -1.102876
2014-12-29 0.308750 0.138568 1.451515 0.172205 0.085082 -1.156119
2014-12-30 0.405383 0.137058 1.410380 0.171433 0.084992 -1.209246
2014-12-31 0.397900 0.136524 1.482374 0.171910 0.085642 -1.274350
... ... ... ... ... ... ...
2025-07-28 0.356152 0.243931 0.951428 0.171541 0.125585 -0.848638
2025-07-29 0.353822 0.241622 0.950381 0.170303 0.124501 -0.840629
2025-07-30 0.351347 0.243475 0.952173 0.173121 0.125224 -0.845340
2025-07-31 0.359726 0.256523 0.993888 0.213386 0.128111 -0.951634
2025-08-01 0.360367 0.252934 0.998900 0.226050 0.125686 -0.963937

2767 rows × 6 columns

securities_weights
boas3 flry3 prga4 cgas5 itub4 tmcp4 pcar3 tcoc4 hbor3 tend3-old ... asai3 tamm4 pmam3 vcpa4 bnca3 mrve3 abev3 goll4 hype3 cdi
date
2014-12-25 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 ... 0.0 0.0 0.0 0.0 0.0 0.0 0.006575 0.0 0.0 -1.110538
2014-12-26 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 ... 0.0 0.0 0.0 0.0 0.0 0.0 0.006828 0.0 0.0 -1.102876
2014-12-29 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 ... 0.0 0.0 0.0 0.0 0.0 0.0 0.006832 0.0 0.0 -1.156119
2014-12-30 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 ... 0.0 0.0 0.0 0.0 0.0 0.0 0.006827 0.0 0.0 -1.209246
2014-12-31 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 ... 0.0 0.0 0.0 0.0 0.0 0.0 0.006846 0.0 0.0 -1.274350
... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
2025-07-28 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 ... 0.0 0.0 0.0 0.0 0.0 0.0 0.000000 0.0 0.0 -0.848638
2025-07-29 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 ... 0.0 0.0 0.0 0.0 0.0 0.0 0.000000 0.0 0.0 -0.840629
2025-07-30 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 ... 0.0 0.0 0.0 0.0 0.0 0.0 0.000000 0.0 0.0 -0.845340
2025-07-31 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 ... 0.0 0.0 0.0 0.0 0.0 0.0 0.000000 0.0 0.0 -0.951634
2025-08-01 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 ... 0.0 0.0 0.0 0.0 0.0 0.0 0.000000 0.0 0.0 -0.963937

2767 rows × 370 columns

cota_gross
date
2014-12-25     1.000000
2014-12-26     1.010787
2014-12-29     1.013382
2014-12-30     1.019257
2014-12-31     1.014341
                ...    
2025-07-28     9.865529
2025-07-29     9.969117
2025-07-30     9.918535
2025-07-31     9.900124
2025-08-01    10.032460
Length: 2767, dtype: float64
cota_net
date
2014-12-25     1.000000
2014-12-26     1.010786
2014-12-29     1.013382
2014-12-30     1.019256
2014-12-31     1.014339
                ...    
2025-07-28     9.842971
2025-07-29     9.946311
2025-07-30     9.895833
2025-07-31     9.877413
2025-08-01    10.009433
Length: 2767, dtype: float64
running sizing...

clusters_weights_resampled_sized
equity_av ust10yfut_av xaufut_av btcfut_av cdi
2014-12-25 NaN NaN NaN NaN NaN
2015-01-22 0.047421 0.062130 0.063804 0.075734 -0.149089
2015-01-23 0.470247 0.626793 0.632546 0.756620 -1.486206
2015-01-29 0.527125 0.627605 0.618857 0.743848 -1.517435
2015-02-26 0.525528 0.600916 0.596878 0.844805 -1.568127
... ... ... ... ... ...
2025-03-27 0.431603 0.518505 0.439478 0.470872 -0.860459
2025-04-24 0.412581 0.514205 0.426734 0.466285 -0.819805
2025-05-29 0.431320 0.532561 0.451053 0.498545 -0.913478
2025-06-26 0.442275 0.558365 0.471206 0.512534 -0.984380
2025-07-31 0.453480 0.569483 0.477271 0.532399 -1.032632

141 rows × 5 columns

clusters_weights_sized
equity_av ust10yfut_av xaufut_av btcfut_av cdi
date
2014-12-25 NaN NaN NaN NaN 1.000000
2014-12-26 NaN NaN NaN NaN 1.000000
2014-12-29 NaN NaN NaN NaN 1.000000
2014-12-30 NaN NaN NaN NaN 1.000000
2014-12-31 NaN NaN NaN NaN 1.000000
... ... ... ... ... ...
2025-07-28 0.435130 0.552860 0.477251 0.528583 -0.993824
2025-07-29 0.433157 0.552459 0.474456 0.523851 -0.983924
2025-07-30 0.438494 0.552501 0.471358 0.527202 -0.989556
2025-07-31 0.453480 0.569483 0.477271 0.532399 -1.032632
2025-08-01 0.447395 0.572075 0.477768 0.522336 -1.019573

2767 rows × 5 columns

clusters_weights_sized (pack_only)
xauusd_brl_hedged spx_brl_hedged ust10y lo_timing new btcusd_brl_hedged cdi
date
2014-12-25 0.000000 0.000000 0.000000 0.000000 0.000000 1.000000
2014-12-26 0.000000 0.000000 0.000000 0.000000 0.000000 1.000000
2014-12-29 0.000000 0.000000 0.000000 0.000000 0.000000 1.000000
2014-12-30 0.000000 0.000000 0.000000 0.000000 0.000000 1.000000
2014-12-31 0.000000 0.000000 0.000000 0.000000 0.000000 1.000000
... ... ... ... ... ... ...
2025-07-28 0.360418 0.246853 0.962824 0.173595 0.127089 -0.870780
2025-07-29 0.358208 0.244617 0.962160 0.172414 0.126044 -0.863442
2025-07-30 0.355916 0.246641 0.964554 0.175372 0.126853 -0.869336
2025-07-31 0.359726 0.256523 0.993888 0.213386 0.128111 -0.951634
2025-08-01 0.360569 0.253077 0.999461 0.226177 0.125757 -0.965040

2767 rows × 6 columns

securities_weights
boas3 flry3 prga4 cgas5 itub4 tmcp4 pcar3 tcoc4 hbor3 tend3-old ... asai3 tamm4 pmam3 vcpa4 bnca3 mrve3 abev3 goll4 hype3 cdi
date
2014-12-25 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 ... 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1.000000
2014-12-26 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 ... 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1.000000
2014-12-29 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 ... 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1.000000
2014-12-30 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 ... 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1.000000
2014-12-31 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 ... 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1.000000
... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
2025-07-28 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 ... 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 -0.870780
2025-07-29 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 ... 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 -0.863442
2025-07-30 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 ... 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 -0.869336
2025-07-31 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 ... 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 -0.951634
2025-08-01 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 ... 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 -0.965040

2767 rows × 370 columns

cota_gross_sized
date
2014-12-25    1.000000
2014-12-26    1.000435
2014-12-29    1.000869
2014-12-30    1.001305
2014-12-31    1.001740
                ...   
2025-07-28    9.131487
2025-07-29    9.228456
2025-07-30    9.180988
2025-07-31    9.163659
2025-08-01    9.286151
Length: 2767, dtype: float64
cota_net_sized
date
2014-12-25    1.000000
2014-12-26    1.000435
2014-12-29    1.000869
2014-12-30    1.001305
2014-12-31    1.001740
                ...   
2025-07-28    9.102280
2025-07-29    9.198929
2025-07-30    9.151603
2025-07-31    9.134306
2025-08-01    9.256393
Length: 2767, dtype: float64
beta_global
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2025 5.4 0.1 2.7 4.0 3.3 3.7 -0.4 1.3 – – – – 20.1
beta_global
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2022 -3.1 1.2 1.9 -4.9 -1.6 -8.0 5.3 -2.9 -4.5 1.7 3.0 0.2 -11.7
2023 7.8 -3.8 6.5 2.3 0.4 2.1 1.5 -2.2 -3.3 2.2 7.6 6.2 27.3
2024 -0.4 4.4 7.3 -4.6 3.3 0.8 5.2 1.8 4.4 -0.0 3.1 -3.0 22.3
2025 5.5 0.1 2.7 4.0 3.3 3.7 -0.4 1.3 – – – – 20.2
beta_global
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2020 8.2 0.3 -1.5 4.1 2.6 3.1 8.2 0.6 -3.6 0.4 5.1 7.9 35.4
2021 -0.7 -2.2 1.1 4.0 0.3 -0.2 4.7 0.9 -3.4 3.0 -0.2 2.1 9.4
2022 -4.5 1.2 1.9 -4.9 -1.6 -8.0 5.3 -2.9 -4.5 1.7 3.0 0.2 -13.1
2023 7.8 -3.8 6.5 2.3 0.4 2.1 1.5 -2.2 -3.3 2.2 7.6 6.2 27.3
2024 -0.4 4.4 7.3 -4.6 3.3 0.8 5.2 1.8 4.4 -0.0 3.1 -3.0 22.3
2025 5.5 0.1 2.7 4.0 3.3 3.7 -0.4 1.3 – – – – 20.2
beta_global
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2015 6.0 -0.7 1.6 0.4 1.3 -0.0 0.9 -3.0 1.8 5.5 -0.5 0.9 14.2
2016 2.8 8.9 2.5 3.9 -0.4 11.7 4.4 -2.6 1.9 0.5 -6.8 5.2 32.0
2017 5.4 8.7 -1.6 5.7 10.1 0.6 4.9 7.3 -0.9 2.8 3.1 6.4 52.5
2018 0.2 -3.6 -2.2 0.3 -1.7 -3.1 2.0 0.8 -2.5 -0.9 -0.1 5.8 -5.0
2019 6.2 0.9 3.6 3.9 8.2 12.8 0.0 7.1 -3.7 2.5 -1.0 4.6 45.1
2020 8.2 0.3 -1.5 4.1 2.6 3.1 8.2 0.6 -3.6 0.4 5.1 7.9 35.4
2021 -0.7 -2.2 1.1 4.0 0.3 -0.2 4.7 0.9 -3.4 3.0 -0.2 2.1 9.4
2022 -4.5 1.2 1.9 -4.9 -1.6 -8.0 5.3 -2.9 -4.5 1.7 3.0 0.2 -13.1
2023 7.8 -3.8 6.5 2.3 0.4 2.1 1.5 -2.2 -3.3 2.2 7.6 6.2 27.3
2024 -0.4 4.4 7.3 -4.6 3.3 0.8 5.2 1.8 4.4 -0.0 3.1 -3.0 22.3
2025 5.5 0.1 2.7 4.0 3.3 3.7 -0.4 1.3 – – – – 20.2
beta_global_sized
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2025 5.4 0.1 2.7 4.0 3.3 3.7 -0.4 1.3 – – – – 20.1
beta_global_sized
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2022 -3.2 1.2 1.9 -4.9 -1.6 -8.6 4.9 -2.9 -4.6 1.8 3.0 0.2 -12.8
2023 7.8 -3.8 6.5 2.3 0.4 2.1 1.5 -2.2 -3.3 2.2 7.7 6.2 27.4
2024 -0.5 4.4 7.3 -4.6 3.3 0.8 5.2 1.8 4.4 -0.0 3.1 -3.0 22.2
2025 5.6 0.1 2.7 4.0 3.3 3.7 -0.4 1.3 – – – – 20.3
beta_global_sized
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2020 8.2 0.3 -1.3 4.1 2.6 3.1 8.2 0.4 -3.6 0.4 5.1 7.9 35.4
2021 -0.7 -2.2 1.1 4.0 0.3 -0.2 4.7 0.9 -3.4 3.0 -0.2 2.2 9.5
2022 -4.6 1.2 1.9 -4.9 -1.6 -8.6 4.9 -2.9 -4.6 1.8 3.0 0.2 -14.2
2023 7.8 -3.8 6.5 2.3 0.4 2.1 1.5 -2.2 -3.3 2.2 7.7 6.2 27.4
2024 -0.5 4.4 7.3 -4.6 3.3 0.8 5.2 1.8 4.4 -0.0 3.1 -3.0 22.2
2025 5.6 0.1 2.7 4.0 3.3 3.7 -0.4 1.3 – – – – 20.3
beta_global_sized
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2015 1.3 -0.7 1.6 0.4 1.3 -0.0 0.9 -3.0 1.8 5.6 -0.5 0.9 9.6
2016 2.8 9.0 2.5 3.9 -0.5 10.2 4.4 -2.6 1.9 0.5 -6.8 5.3 30.6
2017 5.4 8.7 -1.6 5.7 10.1 0.6 4.9 7.3 -0.9 2.8 3.1 6.4 52.5
2018 0.2 -3.6 -2.2 0.3 -1.7 -3.1 2.0 0.8 -2.5 -0.9 -0.1 5.8 -5.0
2019 6.2 0.9 3.6 3.9 8.2 12.8 0.0 7.1 -3.7 2.5 -1.0 4.7 45.2
2020 8.3 0.3 -1.3 4.1 2.6 3.1 8.2 0.4 -3.6 0.4 5.1 7.9 35.5
2021 -0.7 -2.2 1.1 4.0 0.3 -0.2 4.7 0.9 -3.4 3.0 -0.2 2.2 9.5
2022 -4.6 1.2 1.9 -4.9 -1.6 -8.6 4.9 -2.9 -4.6 1.8 3.0 0.2 -14.2
2023 7.8 -3.8 6.5 2.3 0.4 2.1 1.5 -2.2 -3.3 2.2 7.7 6.2 27.4
2024 -0.5 4.4 7.3 -4.6 3.3 0.8 5.2 1.8 4.4 -0.0 3.1 -3.0 22.2
2025 5.6 0.1 2.7 4.0 3.3 3.7 -0.4 1.3 – – – – 20.3
alfa
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2025 -0.4 1.0 0.0 -0.0 2.5 5.4 0.2 -0.1 – – – – 8.6
alfa
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2022 0.2 2.8 3.3 4.1 4.5 1.5 0.1 0.3 -2.2 1.7 5.6 1.9 23.8
2023 1.6 3.0 -2.5 -0.9 -0.7 8.2 -2.3 6.0 6.1 4.8 2.2 3.8 29.3
2024 2.9 -2.5 0.1 3.9 -0.7 6.6 0.3 10.4 2.6 2.8 6.9 2.9 36.2
2025 -0.4 1.0 0.0 -0.0 2.5 5.4 0.2 -0.1 – – – – 8.6
alfa
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2020 5.9 6.4 6.4 -1.2 0.5 0.0 2.0 -3.8 -1.5 -0.0 0.4 4.8 19.9
2021 -0.9 4.4 1.2 6.3 0.4 -1.7 3.1 7.6 6.5 7.7 -1.2 4.7 38.1
2022 0.2 2.8 3.3 4.1 4.5 1.5 0.1 0.3 -2.2 1.7 5.6 1.9 23.8
2023 1.6 3.0 -2.5 -0.9 -0.7 8.2 -2.3 6.0 6.1 4.8 2.2 3.8 29.3
2024 2.9 -2.5 0.1 3.9 -0.7 6.6 0.3 10.4 2.6 2.8 6.9 2.9 36.2
2025 -0.4 1.0 0.0 -0.0 2.5 5.4 0.2 -0.1 – – – – 8.6
alfa
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2015 10.1 5.8 3.2 -3.0 0.7 3.6 5.3 6.4 2.4 -4.3 0.1 3.6 33.9
2016 4.6 -0.6 -1.5 2.9 -0.6 -1.3 3.4 2.8 -2.0 5.2 0.5 3.3 16.7
2017 5.1 9.1 -2.0 2.2 -2.1 -0.4 2.4 -1.0 2.8 3.2 2.9 2.3 24.5
2018 -0.9 10.1 3.5 0.7 8.6 7.6 0.3 6.7 -0.1 -3.8 1.4 3.7 37.8
2019 3.1 3.0 0.1 1.5 8.9 0.0 2.2 1.7 -3.3 5.7 7.4 6.4 36.7
2020 5.9 6.4 6.4 -1.2 0.5 0.0 2.0 -3.8 -1.5 -0.0 0.4 4.8 19.9
2021 -0.9 4.4 1.2 6.3 0.4 -1.7 3.1 7.6 6.5 7.7 -1.2 4.7 38.1
2022 0.2 2.8 3.3 4.1 4.5 1.5 0.1 0.3 -2.2 1.7 5.6 1.9 23.8
2023 1.6 3.0 -2.5 -0.9 -0.7 8.2 -2.3 6.0 6.1 4.8 2.2 3.8 29.3
2024 2.9 -2.5 0.1 3.9 -0.7 6.6 0.3 10.4 2.6 2.8 6.9 2.9 36.2
2025 -0.4 1.0 0.0 -0.0 2.5 5.4 0.2 -0.1 – – – – 8.6
alfa_sized
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2025 -0.4 1.0 0.0 -0.0 2.5 5.4 0.2 -0.1 – – – – 8.6
alfa_sized
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2022 0.2 2.7 3.3 4.1 4.5 1.5 -0.3 0.3 -2.3 1.7 5.6 1.9 23.2
2023 1.6 3.1 -2.1 -0.9 -0.7 8.2 -2.3 6.0 6.1 4.8 2.2 3.8 29.8
2024 2.9 -2.6 0.1 2.0 -1.6 6.6 0.3 6.2 2.6 2.8 6.9 2.8 29.0
2025 -0.4 1.0 0.0 -0.0 2.5 5.4 0.2 -0.1 – – – – 8.6
alfa_sized
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2020 5.9 6.4 8.5 -0.7 0.5 0.0 2.0 -3.8 -1.5 -0.0 0.4 4.8 22.5
2021 -0.9 4.4 1.2 6.3 0.4 -1.7 3.1 7.6 6.5 5.7 -0.8 4.7 36.5
2022 0.2 2.7 3.3 4.1 4.5 1.5 -0.3 0.3 -2.3 1.7 5.6 1.9 23.2
2023 1.6 3.1 -2.1 -0.9 -0.7 8.2 -2.3 6.0 6.1 4.8 2.2 3.8 29.8
2024 2.9 -2.6 0.1 2.0 -1.6 6.6 0.3 6.2 2.6 2.8 6.9 2.8 29.0
2025 -0.4 1.0 0.0 -0.0 2.5 5.4 0.2 -0.1 – – – – 8.6
alfa_sized
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2015 10.1 5.9 3.2 -3.0 0.7 3.6 5.3 6.4 2.4 -4.4 0.1 3.6 33.9
2016 4.6 -0.6 -1.5 2.9 -0.6 -1.3 3.4 2.8 -2.0 5.2 0.5 3.3 16.7
2017 5.1 9.1 -2.0 2.2 -2.1 -0.4 2.4 -1.0 2.8 3.2 2.9 2.3 24.5
2018 -0.9 10.1 3.5 0.7 8.7 3.6 0.3 6.7 -0.1 -3.8 1.4 3.7 33.9
2019 3.1 3.0 0.1 1.5 8.9 0.0 2.2 1.7 -3.6 5.7 7.4 6.4 36.4
2020 5.9 6.4 8.5 -0.7 0.5 0.0 2.0 -3.8 -1.5 -0.0 0.4 4.8 22.5
2021 -0.9 4.4 1.2 6.3 0.4 -1.7 3.1 7.6 6.5 5.7 -0.8 4.7 36.5
2022 0.2 2.7 3.3 4.1 4.5 1.5 -0.3 0.3 -2.3 1.7 5.6 1.9 23.2
2023 1.6 3.1 -2.1 -0.9 -0.7 8.2 -2.3 6.0 6.1 4.8 2.2 3.8 29.8
2024 2.9 -2.6 0.1 2.0 -1.6 6.6 0.3 6.2 2.6 2.8 6.9 2.8 29.0
2025 -0.4 1.0 0.0 -0.0 2.5 5.4 0.2 -0.1 – – – – 8.6
Total: 4.405406951904297
beta
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2025 4.9 -0.7 5.0 2.9 2.8 3.6 -2.3 0.8 – – – – 17.0
beta
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2022 -0.2 1.4 2.1 -1.8 1.6 -2.8 2.4 0.9 0.8 1.2 -0.4 0.6 5.8
2023 6.0 -3.3 1.5 1.7 0.3 4.0 0.9 -1.9 0.3 1.7 5.7 7.6 24.5
2024 -2.9 6.2 7.4 -2.9 0.6 -0.6 3.4 0.7 3.9 1.2 2.1 -2.7 16.4
2025 5.0 -0.7 5.0 2.9 2.8 3.6 -2.3 0.8 – – – – 17.1
beta
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2020 8.5 1.4 -1.0 2.7 2.5 2.7 11.2 -0.1 -6.2 0.5 4.8 8.2 35.2
2021 -1.1 4.9 4.6 0.6 1.2 -0.5 2.4 -0.4 -3.1 1.7 -2.7 2.0 9.6
2022 -0.9 1.4 2.1 -1.8 1.6 -2.8 2.4 0.9 0.8 1.2 -0.4 0.6 5.1
2023 6.0 -3.3 1.5 1.7 0.3 4.0 0.9 -1.9 0.3 1.7 5.7 7.6 24.5
2024 -2.9 6.2 7.4 -2.9 0.6 -0.6 3.4 0.7 3.9 1.2 2.1 -2.7 16.4
2025 5.0 -0.7 5.0 2.9 2.8 3.6 -2.3 0.8 – – – – 17.1
beta
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2016 1.9 10.8 1.8 3.8 -1.8 10.7 4.9 -3.2 -2.1 2.6 0.1 9.5 39.0
2017 2.5 9.7 -4.7 6.5 11.6 0.9 3.7 9.5 -0.5 3.9 2.9 8.4 54.4
2018 5.6 -5.2 -3.7 -0.4 -2.0 -0.2 1.1 0.7 -2.2 -1.4 2.0 8.7 3.0
2019 7.2 -0.9 1.3 3.7 9.7 15.4 -0.8 8.7 -5.5 -0.7 0.4 6.7 45.2
2020 8.5 1.4 -1.0 2.7 2.5 2.7 11.2 -0.1 -6.2 0.5 4.8 8.2 35.2
2021 -1.1 4.9 4.6 0.6 1.2 -0.5 2.4 -0.4 -3.1 1.7 -2.7 2.0 9.6
2022 -0.9 1.4 2.1 -1.8 1.6 -2.8 2.4 0.9 0.8 1.2 -0.4 0.6 5.1
2023 6.0 -3.3 1.5 1.7 0.3 4.0 0.9 -1.9 0.3 1.7 5.7 7.6 24.5
2024 -2.9 6.2 7.4 -2.9 0.6 -0.6 3.4 0.7 3.9 1.2 2.1 -2.7 16.4
2025 5.0 -0.7 5.0 2.9 2.8 3.6 -2.3 0.8 – – – – 17.1
beta_global
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2025 5.4 0.1 2.7 4.0 3.3 3.7 -0.4 1.3 – – – – 20.1
beta_global
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2022 -3.1 1.2 1.9 -4.9 -1.6 -8.0 5.3 -2.9 -4.5 1.7 3.0 0.2 -11.7
2023 7.8 -3.8 6.5 2.3 0.4 2.1 1.5 -2.2 -3.3 2.2 7.6 6.2 27.3
2024 -0.4 4.4 7.3 -4.6 3.3 0.8 5.2 1.8 4.4 -0.0 3.1 -3.0 22.3
2025 5.5 0.1 2.7 4.0 3.3 3.7 -0.4 1.3 – – – – 20.2
beta_global
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2020 8.2 0.3 -1.5 4.1 2.6 3.1 8.2 0.6 -3.6 0.4 5.1 7.9 35.4
2021 -0.7 -2.2 1.1 4.0 0.3 -0.2 4.7 0.9 -3.4 3.0 -0.2 2.1 9.4
2022 -4.5 1.2 1.9 -4.9 -1.6 -8.0 5.3 -2.9 -4.5 1.7 3.0 0.2 -13.1
2023 7.8 -3.8 6.5 2.3 0.4 2.1 1.5 -2.2 -3.3 2.2 7.6 6.2 27.3
2024 -0.4 4.4 7.3 -4.6 3.3 0.8 5.2 1.8 4.4 -0.0 3.1 -3.0 22.3
2025 5.5 0.1 2.7 4.0 3.3 3.7 -0.4 1.3 – – – – 20.2
beta_global
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2016 2.8 8.9 2.5 3.9 -0.4 11.7 4.4 -2.6 1.9 0.5 -6.8 5.2 32.0
2017 5.4 8.7 -1.6 5.7 10.1 0.6 4.9 7.3 -0.9 2.8 3.1 6.4 52.5
2018 0.2 -3.6 -2.2 0.3 -1.7 -3.1 2.0 0.8 -2.5 -0.9 -0.1 5.8 -5.0
2019 6.2 0.9 3.6 3.9 8.2 12.8 0.0 7.1 -3.7 2.5 -1.0 4.6 45.1
2020 8.2 0.3 -1.5 4.1 2.6 3.1 8.2 0.6 -3.6 0.4 5.1 7.9 35.4
2021 -0.7 -2.2 1.1 4.0 0.3 -0.2 4.7 0.9 -3.4 3.0 -0.2 2.1 9.4
2022 -4.5 1.2 1.9 -4.9 -1.6 -8.0 5.3 -2.9 -4.5 1.7 3.0 0.2 -13.1
2023 7.8 -3.8 6.5 2.3 0.4 2.1 1.5 -2.2 -3.3 2.2 7.6 6.2 27.3
2024 -0.4 4.4 7.3 -4.6 3.3 0.8 5.2 1.8 4.4 -0.0 3.1 -3.0 22.3
2025 5.5 0.1 2.7 4.0 3.3 3.7 -0.4 1.3 – – – – 20.2
beta_global_timing_long_bias
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2025 4.0 -0.2 3.6 2.4 2.4 3.0 -1.1 0.6 – – – – 14.7
beta_global_timing_long_bias
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2022 -0.5 1.3 1.9 -1.6 1.0 -2.7 2.5 0.5 0.0 1.4 0.5 0.7 5.0
2023 5.0 -2.4 2.2 1.5 0.6 3.0 1.1 -1.1 -0.0 1.6 4.8 5.7 22.0
2024 -1.6 4.6 5.7 -2.2 1.0 -0.0 3.0 1.1 3.2 0.9 1.9 -1.8 15.8
2025 4.0 -0.2 3.6 2.4 2.4 3.0 -1.1 0.6 – – – – 14.7
beta_global_timing_long_bias
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2020 6.4 1.0 -0.7 2.3 1.9 2.0 7.9 0.0 -4.3 0.5 3.8 6.3 27.1
2021 -0.6 2.5 2.9 1.1 0.9 -0.3 2.3 -0.0 -2.2 1.6 -1.4 1.7 8.5
2022 -1.1 1.3 1.9 -1.6 1.0 -2.7 2.5 0.5 0.0 1.4 0.5 0.7 4.4
2023 5.0 -2.4 2.2 1.5 0.6 3.0 1.1 -1.1 -0.0 1.6 4.8 5.7 22.0
2024 -1.6 4.6 5.7 -2.2 1.0 -0.0 3.0 1.1 3.2 0.9 1.9 -1.8 15.8
2025 4.0 -0.2 3.6 2.4 2.4 3.0 -1.1 0.6 – – – – 14.7
beta_global_timing_long_bias
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2016 1.8 8.0 1.7 3.0 -0.9 8.3 3.8 -1.9 -0.8 2.0 -0.8 6.7 30.9
2017 2.5 7.3 -2.8 4.9 8.8 0.9 3.1 7.0 -0.2 2.9 2.5 6.1 43.0
2018 3.5 -3.6 -2.4 -0.1 -1.5 -0.5 1.1 0.7 -1.5 -0.6 1.3 6.2 2.6
2019 5.3 -0.3 1.3 3.0 7.3 11.2 -0.3 6.4 -3.7 0.1 0.3 4.9 35.5
2020 6.4 1.0 -0.7 2.3 1.9 2.0 7.9 0.0 -4.3 0.5 3.8 6.3 27.1
2021 -0.6 2.5 2.9 1.1 0.9 -0.3 2.3 -0.0 -2.2 1.6 -1.4 1.7 8.5
2022 -1.1 1.3 1.9 -1.6 1.0 -2.7 2.5 0.5 0.0 1.4 0.5 0.7 4.4
2023 5.0 -2.4 2.2 1.5 0.6 3.0 1.1 -1.1 -0.0 1.6 4.8 5.7 22.0
2024 -1.6 4.6 5.7 -2.2 1.0 -0.0 3.0 1.1 3.2 0.9 1.9 -1.8 15.8
2025 4.0 -0.2 3.6 2.4 2.4 3.0 -1.1 0.6 – – – – 14.7
portfolio_name:
- wealth

risk_target:
- beta_global: 1
- alfa: 1

allocation method:
- vol

running allocation...

clusters_weights_resampled
beta alfa
2018-12-27 0.702098 0.572327
2019-01-31 0.690059 0.584839
2019-02-28 0.695379 0.584341
2019-03-28 0.672082 0.601721
2019-04-25 0.656936 0.615795
... ... ...
2025-03-27 0.704144 0.585574
2025-04-24 0.688394 0.599417
2025-05-29 0.712578 0.594974
2025-06-26 0.721038 0.604708
2025-07-31 0.732995 0.622094

80 rows × 2 columns

clusters_weights
beta alfa cdi
date
2018-12-27 0.702098 0.572327 -0.274425
2018-12-28 0.703238 0.568249 -0.271486
2018-12-31 0.703440 0.567860 -0.271300
2019-01-01 0.703415 0.567907 -0.271322
2019-01-02 0.703899 0.563587 -0.267487
... ... ... ...
2025-07-28 0.715871 0.612786 -0.328657
2025-07-29 0.715483 0.609824 -0.325307
2025-07-30 0.712210 0.612044 -0.324253
2025-07-31 0.732995 0.622094 -0.355089
2025-08-01 0.734971 0.618340 -0.353311

1722 rows × 3 columns

clusters_weights (pack_only)
xauusd_brl_hedged spx_brl_hedged ls new smal11_excdi ust10y lo_timing new usdbrlfut btcusd_brl_hedged dif3yfut cdi
date
2018-12-27 0.557302 -0.020841 0.575739 0.013753 1.940878 0.208377 0.017910 -0.004203 0.282954 -2.257252
2018-12-28 0.552192 -0.019396 0.571372 0.063028 1.910954 0.207337 0.006921 -0.006989 0.278376 -2.215471
2018-12-31 0.554376 -0.017603 0.570940 0.062898 1.918488 0.209193 0.000809 -0.010191 0.278216 -2.225203
2019-01-01 0.554313 -0.015779 0.570987 0.063232 1.920503 0.208958 -0.000369 -0.012545 0.278238 -2.226438
2019-01-02 0.544424 -0.015958 0.563888 0.063261 1.923224 0.209798 0.000000 -0.007176 0.278418 -2.218201
... ... ... ... ... ... ... ... ... ... ...
2025-07-28 0.239087 0.231103 0.652354 -0.065414 0.451005 0.171922 -0.021349 0.124881 0.011110 -0.870351
2025-07-29 0.183766 0.226900 0.649045 -0.065007 0.450264 0.170589 -0.005271 0.123735 0.215094 -0.804299
2025-07-30 0.089557 0.229491 0.652958 -0.064029 0.637882 0.172618 -0.008802 0.124860 0.203354 -0.907366
2025-07-31 0.073552 0.252959 0.667370 -0.062792 0.764941 0.218976 0.022996 0.126331 -0.143920 -1.104128
2025-08-01 0.147938 0.248060 0.663839 -0.061890 1.027828 0.232596 -0.019643 0.110129 0.110770 -1.430389

1722 rows × 10 columns

securities_weights
boas3 prga4 hbor3 tend3-old roxo34 elet3 ugpa4 brap4 blau3 sdia4 ... seer3 geti4 tamm4 pmam3 vcpa4 bnca3 mrve3 goll4 hype3 cdi
date
2018-12-27 0.0 0.0 0.0 0.0 0.0 0.001090 0.0 0.0 0.000000 0.0 ... -0.011410 0.0 0.0 0.0 0.0 0.0 0.001658 0.0 -0.007959 -1.670884
2018-12-28 0.0 0.0 0.0 0.0 0.0 -0.002019 0.0 0.0 0.000000 0.0 ... -0.003723 0.0 0.0 0.0 0.0 0.0 0.004621 0.0 -0.006044 -1.711949
2018-12-31 0.0 0.0 0.0 0.0 0.0 -0.002018 0.0 0.0 0.000000 0.0 ... -0.003720 0.0 0.0 0.0 0.0 0.0 0.004617 0.0 -0.006039 -1.722062
2019-01-01 0.0 0.0 0.0 0.0 0.0 -0.002018 0.0 0.0 0.000000 0.0 ... -0.003720 0.0 0.0 0.0 0.0 0.0 0.004618 0.0 -0.006040 -1.723256
2019-01-02 0.0 0.0 0.0 0.0 0.0 -0.002401 0.0 0.0 0.000000 0.0 ... -0.003797 0.0 0.0 0.0 0.0 0.0 0.004655 0.0 -0.006141 -1.721967
... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
2025-07-28 0.0 0.0 0.0 0.0 0.0 -0.004991 0.0 0.0 0.003168 0.0 ... 0.000000 0.0 0.0 0.0 0.0 0.0 -0.029093 0.0 -0.016851 -0.152091
2025-07-29 0.0 0.0 0.0 0.0 0.0 -0.004963 0.0 0.0 0.003226 0.0 ... 0.000000 0.0 0.0 0.0 0.0 0.0 -0.029127 0.0 -0.016629 -0.093169
2025-07-30 0.0 0.0 0.0 0.0 0.0 -0.004994 0.0 0.0 0.003230 0.0 ... 0.000000 0.0 0.0 0.0 0.0 0.0 -0.029169 0.0 -0.016725 -0.198346
2025-07-31 0.0 0.0 0.0 0.0 0.0 -0.005063 0.0 0.0 0.003290 0.0 ... 0.000000 0.0 0.0 0.0 0.0 0.0 -0.029360 0.0 -0.016900 -0.381660
2025-08-01 0.0 0.0 0.0 0.0 0.0 -0.010672 0.0 0.0 0.002846 0.0 ... 0.012228 0.0 0.0 0.0 0.0 0.0 -0.025490 0.0 -0.013376 -0.651653

1722 rows × 373 columns

cota_gross
date
2018-12-27    1.000000
2018-12-28    1.010756
2018-12-31    1.011383
2019-01-01    1.011300
2019-01-02    1.025733
                ...   
2025-07-28    7.867036
2025-07-29    7.946638
2025-07-30    7.971031
2025-07-31    7.965956
2025-08-01    8.004493
Length: 1722, dtype: float64
cota_net
date
2018-12-27    1.000000
2018-12-28    1.010757
2018-12-31    1.011384
2019-01-01    1.011300
2019-01-02    1.025733
                ...   
2025-07-28    7.863853
2025-07-29    7.943423
2025-07-30    7.967808
2025-07-31    7.962737
2025-08-01    8.001258
Length: 1722, dtype: float64
running sizing...

clusters_weights_resampled_sized
beta alfa cdi
2018-12-27 NaN NaN NaN
2019-01-24 0.069618 0.056508 -0.026127
2019-01-25 0.698681 0.560427 -0.259108
2019-01-31 0.690059 0.584839 -0.274898
2019-02-28 0.695379 0.584341 -0.279721
... ... ... ...
2025-03-27 0.704144 0.585574 -0.289718
2025-04-24 0.688394 0.599417 -0.287811
2025-05-29 0.712578 0.594974 -0.307552
2025-06-26 0.721038 0.604708 -0.325746
2025-07-31 0.732995 0.622094 -0.355089

107 rows × 3 columns

clusters_weights_sized
beta alfa cdi
date
2018-12-27 NaN NaN 1.000000
2018-12-28 NaN NaN 1.000000
2018-12-31 NaN NaN 1.000000
2019-01-01 NaN NaN 1.000000
2019-01-02 NaN NaN 1.000000
... ... ... ...
2025-07-28 0.718753 0.615253 -0.334006
2025-07-29 0.718465 0.612365 -0.330830
2025-07-30 0.715298 0.614698 -0.329996
2025-07-31 0.732995 0.622094 -0.355089
2025-08-01 0.735114 0.618460 -0.353574

1722 rows × 3 columns

clusters_weights_sized (pack_only)
xauusd_brl_hedged spx_brl_hedged ls new smal11_excdi ust10y lo_timing new usdbrlfut btcusd_brl_hedged dif3yfut cdi
date
2018-12-27 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 1.000000
2018-12-28 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 1.000000
2018-12-31 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 1.000000
2019-01-01 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 1.000000
2019-01-02 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 1.000000
... ... ... ... ... ... ... ... ... ... ...
2025-07-28 0.240050 0.232034 0.654980 -0.065678 0.452820 0.172614 -0.021435 0.125383 0.011155 -0.877881
2025-07-29 0.184531 0.227846 0.651750 -0.065278 0.452141 0.171300 -0.005293 0.124251 0.215990 -0.811818
2025-07-30 0.089945 0.230486 0.655789 -0.064306 0.640648 0.173366 -0.008840 0.125402 0.204236 -0.915637
2025-07-31 0.073552 0.252959 0.667370 -0.062792 0.764941 0.218976 0.022996 0.126331 -0.143920 -1.104128
2025-08-01 0.147967 0.248108 0.663968 -0.061902 1.028028 0.232641 -0.019647 0.110151 0.110791 -1.430862

1722 rows × 10 columns

securities_weights
boas3 prga4 hbor3 tend3-old roxo34 elet3 ugpa4 brap4 blau3 sdia4 ... seer3 geti4 tamm4 pmam3 vcpa4 bnca3 mrve3 goll4 hype3 cdi
date
2018-12-27 0.0 0.0 0.0 0.0 0.0 0.000000 0.0 0.0 0.000000 0.0 ... 0.00000 0.0 0.0 0.0 0.0 0.0 0.000000 0.0 0.000000 1.000000
2018-12-28 0.0 0.0 0.0 0.0 0.0 0.000000 0.0 0.0 0.000000 0.0 ... 0.00000 0.0 0.0 0.0 0.0 0.0 0.000000 0.0 0.000000 1.000000
2018-12-31 0.0 0.0 0.0 0.0 0.0 0.000000 0.0 0.0 0.000000 0.0 ... 0.00000 0.0 0.0 0.0 0.0 0.0 0.000000 0.0 0.000000 1.000000
2019-01-01 0.0 0.0 0.0 0.0 0.0 0.000000 0.0 0.0 0.000000 0.0 ... 0.00000 0.0 0.0 0.0 0.0 0.0 0.000000 0.0 0.000000 1.000000
2019-01-02 0.0 0.0 0.0 0.0 0.0 0.000000 0.0 0.0 0.000000 0.0 ... 0.00000 0.0 0.0 0.0 0.0 0.0 0.000000 0.0 0.000000 1.000000
... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
2025-07-28 0.0 0.0 0.0 0.0 0.0 -0.005011 0.0 0.0 0.003181 0.0 ... 0.00000 0.0 0.0 0.0 0.0 0.0 -0.029210 0.0 -0.016919 -0.156729
2025-07-29 0.0 0.0 0.0 0.0 0.0 -0.004984 0.0 0.0 0.003240 0.0 ... 0.00000 0.0 0.0 0.0 0.0 0.0 -0.029248 0.0 -0.016698 -0.097725
2025-07-30 0.0 0.0 0.0 0.0 0.0 -0.005016 0.0 0.0 0.003244 0.0 ... 0.00000 0.0 0.0 0.0 0.0 0.0 -0.029296 0.0 -0.016797 -0.203543
2025-07-31 0.0 0.0 0.0 0.0 0.0 -0.005063 0.0 0.0 0.003290 0.0 ... 0.00000 0.0 0.0 0.0 0.0 0.0 -0.029360 0.0 -0.016900 -0.381660
2025-08-01 0.0 0.0 0.0 0.0 0.0 -0.010674 0.0 0.0 0.002846 0.0 ... 0.01223 0.0 0.0 0.0 0.0 0.0 -0.025495 0.0 -0.013379 -0.651975

1722 rows × 373 columns

cota_gross_sized
date
2018-12-27    1.000000
2018-12-28    1.000246
2018-12-31    1.000492
2019-01-01    1.000492
2019-01-02    1.000739
                ...   
2025-07-28    7.299860
2025-07-29    7.374005
2025-07-30    7.396717
2025-07-31    7.391970
2025-08-01    7.427730
Length: 1722, dtype: float64
cota_net_sized
date
2018-12-27    1.000000
2018-12-28    1.000246
2018-12-31    1.000492
2019-01-01    1.000492
2019-01-02    1.000739
                ...   
2025-07-28    7.281884
2025-07-29    7.355845
2025-07-30    7.378504
2025-07-31    7.373772
2025-08-01    7.409443
Length: 1722, dtype: float64
alfa
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2025 -0.4 1.0 0.0 -0.0 2.5 5.4 0.2 -0.1 – – – – 8.6
alfa
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2022 0.2 2.8 3.3 4.1 4.5 1.5 0.1 0.3 -2.2 1.7 5.6 1.9 23.8
2023 1.6 3.0 -2.5 -0.9 -0.7 8.2 -2.3 6.0 6.1 4.8 2.2 3.8 29.3
2024 2.9 -2.5 0.1 3.9 -0.7 6.6 0.3 10.4 2.6 2.8 6.9 2.9 36.2
2025 -0.4 1.0 0.0 -0.0 2.5 5.4 0.2 -0.1 – – – – 8.6
alfa
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2020 5.9 6.4 6.4 -1.2 0.5 0.0 2.0 -3.8 -1.5 -0.0 0.4 4.8 19.9
2021 -0.9 4.4 1.2 6.3 0.4 -1.7 3.1 7.6 6.5 7.7 -1.2 4.7 38.1
2022 0.2 2.8 3.3 4.1 4.5 1.5 0.1 0.3 -2.2 1.7 5.6 1.9 23.8
2023 1.6 3.0 -2.5 -0.9 -0.7 8.2 -2.3 6.0 6.1 4.8 2.2 3.8 29.3
2024 2.9 -2.5 0.1 3.9 -0.7 6.6 0.3 10.4 2.6 2.8 6.9 2.9 36.2
2025 -0.4 1.0 0.0 -0.0 2.5 5.4 0.2 -0.1 – – – – 8.6
alfa
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2016 4.6 -0.6 -1.5 2.9 -0.6 -1.3 3.4 2.8 -2.0 5.2 0.5 3.3 16.7
2017 5.1 9.1 -2.0 2.2 -2.1 -0.4 2.4 -1.0 2.8 3.2 2.9 2.3 24.5
2018 -0.9 10.1 3.5 0.7 8.6 7.6 0.3 6.7 -0.1 -3.8 1.4 3.7 37.8
2019 3.1 3.0 0.1 1.5 8.9 0.0 2.2 1.7 -3.3 5.7 7.4 6.4 36.7
2020 5.9 6.4 6.4 -1.2 0.5 0.0 2.0 -3.8 -1.5 -0.0 0.4 4.8 19.9
2021 -0.9 4.4 1.2 6.3 0.4 -1.7 3.1 7.6 6.5 7.7 -1.2 4.7 38.1
2022 0.2 2.8 3.3 4.1 4.5 1.5 0.1 0.3 -2.2 1.7 5.6 1.9 23.8
2023 1.6 3.0 -2.5 -0.9 -0.7 8.2 -2.3 6.0 6.1 4.8 2.2 3.8 29.3
2024 2.9 -2.5 0.1 3.9 -0.7 6.6 0.3 10.4 2.6 2.8 6.9 2.9 36.2
2025 -0.4 1.0 0.0 -0.0 2.5 5.4 0.2 -0.1 – – – – 8.6
beta
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2025 4.9 -0.7 5.0 2.9 2.8 3.6 -2.3 0.8 – – – – 17.0
beta
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2022 -0.2 1.4 2.1 -1.8 1.6 -2.8 2.4 0.9 0.8 1.2 -0.4 0.6 5.8
2023 6.0 -3.3 1.5 1.7 0.3 4.0 0.9 -1.9 0.3 1.7 5.7 7.6 24.5
2024 -2.9 6.2 7.4 -2.9 0.6 -0.6 3.4 0.7 3.9 1.2 2.1 -2.7 16.4
2025 5.0 -0.7 5.0 2.9 2.8 3.6 -2.3 0.8 – – – – 17.1
beta
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2020 8.5 1.4 -1.0 2.7 2.5 2.7 11.2 -0.1 -6.2 0.5 4.8 8.2 35.2
2021 -1.1 4.9 4.6 0.6 1.2 -0.5 2.4 -0.4 -3.1 1.7 -2.7 2.0 9.6
2022 -0.9 1.4 2.1 -1.8 1.6 -2.8 2.4 0.9 0.8 1.2 -0.4 0.6 5.1
2023 6.0 -3.3 1.5 1.7 0.3 4.0 0.9 -1.9 0.3 1.7 5.7 7.6 24.5
2024 -2.9 6.2 7.4 -2.9 0.6 -0.6 3.4 0.7 3.9 1.2 2.1 -2.7 16.4
2025 5.0 -0.7 5.0 2.9 2.8 3.6 -2.3 0.8 – – – – 17.1
beta
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2016 1.9 10.8 1.8 3.8 -1.8 10.7 4.9 -3.2 -2.1 2.6 0.1 9.5 39.0
2017 2.5 9.7 -4.7 6.5 11.6 0.9 3.7 9.5 -0.5 3.9 2.9 8.4 54.4
2018 5.6 -5.2 -3.7 -0.4 -2.0 -0.2 1.1 0.7 -2.2 -1.4 2.0 8.7 3.0
2019 7.2 -0.9 1.3 3.7 9.7 15.4 -0.8 8.7 -5.5 -0.7 0.4 6.7 45.2
2020 8.5 1.4 -1.0 2.7 2.5 2.7 11.2 -0.1 -6.2 0.5 4.8 8.2 35.2
2021 -1.1 4.9 4.6 0.6 1.2 -0.5 2.4 -0.4 -3.1 1.7 -2.7 2.0 9.6
2022 -0.9 1.4 2.1 -1.8 1.6 -2.8 2.4 0.9 0.8 1.2 -0.4 0.6 5.1
2023 6.0 -3.3 1.5 1.7 0.3 4.0 0.9 -1.9 0.3 1.7 5.7 7.6 24.5
2024 -2.9 6.2 7.4 -2.9 0.6 -0.6 3.4 0.7 3.9 1.2 2.1 -2.7 16.4
2025 5.0 -0.7 5.0 2.9 2.8 3.6 -2.3 0.8 – – – – 17.1
wealth
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2025 3.2 -0.2 3.0 2.1 3.9 5.3 -2.1 0.5 – – – – 15.7
wealth
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2022 -0.3 2.5 3.2 1.0 3.6 -1.3 1.4 0.4 -1.1 1.5 3.0 1.9 15.8
2023 4.3 -0.8 -1.0 0.2 0.0 8.5 -1.1 2.0 4.1 4.3 6.4 9.0 35.9
2024 -1.1 2.9 5.5 -0.2 -0.1 3.9 2.4 6.9 4.1 2.3 5.7 -0.7 31.6
2025 3.3 -0.2 3.0 2.1 3.9 5.3 -2.1 0.5 – – – – 15.8
wealth
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2020 9.0 4.7 2.8 1.0 1.8 1.8 8.7 -2.1 -5.2 0.3 3.5 8.2 34.5
2021 -1.3 5.9 4.2 5.2 0.9 -1.9 3.7 5.3 2.5 6.3 -2.9 4.1 32.0
2022 -0.8 2.5 3.2 1.0 3.6 -1.3 1.4 0.4 -1.1 1.5 3.0 1.9 15.3
2023 4.3 -0.8 -1.0 0.2 0.0 8.5 -1.1 2.0 4.1 4.3 6.4 9.0 35.9
2024 -1.1 2.9 5.5 -0.2 -0.1 3.9 2.4 6.9 4.1 2.3 5.7 -0.7 31.6
2025 3.3 -0.2 3.0 2.1 3.9 5.3 -2.1 0.5 – – – – 15.8
wealth
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2016 4.0 6.3 -0.2 4.1 -1.9 5.7 5.2 -0.7 -3.1 4.8 0.1 8.1 32.4
2017 4.7 12.3 -4.7 5.5 5.8 0.1 3.8 5.2 1.3 4.5 3.7 6.9 49.1
2018 2.9 2.7 -0.3 0.0 4.1 4.7 0.7 4.7 -1.6 -3.6 2.1 8.1 24.5
2019 6.7 1.0 0.8 3.3 11.8 9.7 1.0 6.2 -5.8 3.5 5.3 8.3 51.8
2020 9.0 4.7 2.8 1.0 1.8 1.8 8.7 -2.1 -5.2 0.3 3.5 8.2 34.5
2021 -1.3 5.9 4.2 5.2 0.9 -1.9 3.7 5.3 2.5 6.3 -2.9 4.1 32.0
2022 -0.8 2.5 3.2 1.0 3.6 -1.3 1.4 0.4 -1.1 1.5 3.0 1.9 15.3
2023 4.3 -0.8 -1.0 0.2 0.0 8.5 -1.1 2.0 4.1 4.3 6.4 9.0 35.9
2024 -1.1 2.9 5.5 -0.2 -0.1 3.9 2.4 6.9 4.1 2.3 5.7 -0.7 31.6
2025 3.3 -0.2 3.0 2.1 3.9 5.3 -2.1 0.5 – – – – 15.8
No description has been provided for this image
Out[30]:
xauusd_brl_hedged spx_brl_hedged ls new smal11_excdi ust10y lo_timing new tc_cosmos_fic usdbrlfut btcusd_brl_hedged dif3yfut cdi
2025-07 -0.31 0.36 0.5 0.22 -0.87 -1.18 -0.06 -0.15 1.17 -0.37 -1.4
Total: 191.5388731956482

Exporting Prepare¶

Previdência¶

Total: 10.804279565811157
ntnb_lo
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2025 1.8 0.4 1.9 3.1 0.8 0.8 -0.8 0.0 – – – – 8.0
ntnb_lo
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2022 -0.3 0.3 3.4 0.6 1.1 0.2 -0.8 0.9 0.6 1.5 -0.8 -0.0 6.7
2023 0.8 1.6 2.6 1.7 2.7 1.6 0.7 0.0 -1.1 -1.1 2.9 2.2 14.6
2024 -0.2 0.7 0.0 -1.8 1.3 -0.7 1.6 0.6 -0.5 -0.3 -0.5 -2.3 -2.1
2025 1.8 0.4 1.9 3.1 0.8 0.8 -0.8 0.0 – – – – 8.0
ntnb_lo
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2020 1.1 0.9 -3.8 1.1 3.5 1.6 2.7 -1.1 -1.1 -0.4 1.8 4.3 10.6
2021 -0.8 -2.2 -0.6 1.5 0.5 -0.0 -0.6 -0.4 0.2 -1.9 3.4 1.2 0.3
2022 -0.5 0.3 3.4 0.6 1.1 0.2 -0.8 0.9 0.6 1.5 -0.8 -0.0 6.5
2023 0.8 1.6 2.6 1.7 2.7 1.6 0.7 0.0 -1.1 -1.1 2.9 2.2 14.6
2024 -0.2 0.7 0.0 -1.8 1.3 -0.7 1.6 0.6 -0.5 -0.3 -0.5 -2.3 -2.1
2025 1.8 0.4 1.9 3.1 0.8 0.8 -0.8 0.0 – – – – 8.0
ntnb_lo
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2019 2.7 0.5 0.9 1.2 2.7 3.1 1.0 0.0 2.6 2.8 -1.5 1.4 17.4
2020 1.1 0.9 -3.8 1.1 3.5 1.6 2.7 -1.1 -1.1 -0.4 1.8 4.3 10.6
2021 -0.8 -2.2 -0.6 1.5 0.5 -0.0 -0.6 -0.4 0.2 -1.9 3.4 1.2 0.3
2022 -0.5 0.3 3.4 0.6 1.1 0.2 -0.8 0.9 0.6 1.5 -0.8 -0.0 6.5
2023 0.8 1.6 2.6 1.7 2.7 1.6 0.7 0.0 -1.1 -1.1 2.9 2.2 14.6
2024 -0.2 0.7 0.0 -1.8 1.3 -0.7 1.6 0.6 -0.5 -0.3 -0.5 -2.3 -2.1
2025 1.8 0.4 1.9 3.1 0.8 0.8 -0.8 0.0 – – – – 8.0
dif8yfut_av_timing
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2025 -1.7 1.4 -0.0 3.4 0.7 3.4 -1.3 -0.2 – – – – 5.7
dif8yfut_av_timing
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2022 -0.3 -1.5 6.2 2.6 -1.3 3.2 3.2 3.6 -1.9 -0.5 6.6 1.9 21.8
2023 -2.1 0.3 2.7 4.1 5.4 6.3 -1.5 -2.3 2.5 0.6 2.6 3.7 22.3
2024 -1.2 -0.6 0.4 5.2 -0.5 1.9 -0.8 1.0 1.7 1.5 3.9 5.3 17.8
2025 -1.7 1.4 -0.0 3.4 0.7 3.4 -1.3 -0.2 – – – – 5.7
dif8yfut_av_timing
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2020 0.5 0.1 0.1 -4.9 1.3 0.2 3.5 -4.1 -0.5 -0.8 -3.1 5.8 -1.9
2021 -1.0 4.7 0.9 -0.7 0.9 -0.7 1.6 6.4 2.6 6.3 -1.7 2.5 21.8
2022 -0.3 -1.5 6.2 2.6 -1.3 3.2 3.2 3.6 -1.9 -0.5 6.6 1.9 21.8
2023 -2.1 0.3 2.7 4.1 5.4 6.3 -1.5 -2.3 2.5 0.6 2.6 3.7 22.3
2024 -1.2 -0.6 0.4 5.2 -0.5 1.9 -0.8 1.0 1.7 1.5 3.9 5.3 17.8
2025 -1.7 1.4 -0.0 3.4 0.7 3.4 -1.3 -0.2 – – – – 5.7
dif8yfut_av_timing
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2019 2.8 -0.4 -1.6 -1.5 1.8 8.2 2.0 -1.5 1.8 5.0 0.6 -0.4 16.8
2020 0.5 0.1 0.1 -4.9 1.3 0.2 3.5 -4.1 -0.5 -0.8 -3.1 5.8 -1.9
2021 -1.0 4.7 0.9 -0.7 0.9 -0.7 1.6 6.4 2.6 6.3 -1.7 2.5 21.8
2022 -0.3 -1.5 6.2 2.6 -1.3 3.2 3.2 3.6 -1.9 -0.5 6.6 1.9 21.8
2023 -2.1 0.3 2.7 4.1 5.4 6.3 -1.5 -2.3 2.5 0.6 2.6 3.7 22.3
2024 -1.2 -0.6 0.4 5.2 -0.5 1.9 -0.8 1.0 1.7 1.5 3.9 5.3 17.8
2025 -1.7 1.4 -0.0 3.4 0.7 3.4 -1.3 -0.2 – – – – 5.7
prev
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2025 -0.5 1.0 0.7 3.7 0.6 2.6 -1.6 -0.2 – – – – 6.3
prev
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2022 -0.5 -1.1 5.9 2.0 -0.5 2.1 1.7 2.8 -1.3 0.2 4.0 1.1 16.4
2023 -1.3 0.8 2.9 3.5 4.9 5.0 -0.9 -1.8 1.0 -0.3 3.1 3.5 20.4
2024 -1.2 -0.3 0.1 2.5 0.1 0.8 0.1 0.9 0.8 0.8 2.3 2.4 9.3
2025 -0.5 1.0 0.7 3.7 0.6 2.6 -1.6 -0.2 – – – – 6.3
prev
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2020 0.8 0.4 -1.6 -3.0 2.6 0.9 3.8 -3.5 -0.9 -0.8 -1.3 6.2 3.6
2021 -1.1 2.1 0.4 0.2 0.8 -0.5 0.8 4.2 1.8 3.3 0.4 2.2 14.6
2022 -0.6 -1.1 5.9 2.0 -0.5 2.1 1.7 2.8 -1.3 0.2 4.0 1.1 16.3
2023 -1.3 0.8 2.9 3.5 4.9 5.0 -0.9 -1.8 1.0 -0.3 3.1 3.5 20.4
2024 -1.2 -0.3 0.1 2.5 0.1 0.8 0.1 0.9 0.8 0.8 2.3 2.4 9.3
2025 -0.5 1.0 0.7 3.7 0.6 2.6 -1.6 -0.2 – – – – 6.3
prev
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year %
year
2019 3.2 -0.2 -0.7 -0.5 2.5 7.2 1.8 -1.1 2.4 4.8 -0.4 0.4 19.4
2020 0.8 0.4 -1.6 -3.0 2.6 0.9 3.8 -3.5 -0.9 -0.8 -1.3 6.2 3.6
2021 -1.1 2.1 0.4 0.2 0.8 -0.5 0.8 4.2 1.8 3.3 0.4 2.2 14.6
2022 -0.6 -1.1 5.9 2.0 -0.5 2.1 1.7 2.8 -1.3 0.2 4.0 1.1 16.3
2023 -1.3 0.8 2.9 3.5 4.9 5.0 -0.9 -1.8 1.0 -0.3 3.1 3.5 20.4
2024 -1.2 -0.3 0.1 2.5 0.1 0.8 0.1 0.9 0.8 0.8 2.3 2.4 9.3
2025 -0.5 1.0 0.7 3.7 0.6 2.6 -1.6 -0.2 – – – – 6.3

Exporting¶

Out[37]:
2025-08-01 essencial prev
bitfut 0.1101 0.000000
bova11 -0.0000 0.000000
cdi 0.6500 0.500000
cosmos 0.1500 0.000000
dif3yfut 0.1108 0.000000
dif8yfut 0.0000 0.228046
gold11 0.1479 0.000000
ibovfut 0.0000 0.000000
lo_timing new 0.2326 0.000000
ls new 0.6638 0.000000
ntnb5y_idka 0.0000 0.500000
smal11 -0.0619 0.000000
spxfut 0.2481 0.000000
usdbrlfut -0.0196 0.000000
ust10yfut 1.0278 0.000000
Out[38]:
2025-07-31 essencial prev
bitfut 0.1263 0.000000
bova11 -0.0000 0.000000
cdi 0.6800 0.500000
cosmos 0.1500 0.000000
dif3yfut -0.1439 0.000000
dif8yfut 0.0000 -0.495322
gold11 0.0736 0.000000
ibovfut 0.0000 0.000000
lo_timing new 0.2190 0.000000
ls new 0.6674 0.000000
ntnb5y_idka 0.0000 0.500000
smal11 -0.0628 0.000000
spxfut 0.2530 0.000000
usdbrlfut 0.0230 0.000000
ust10yfut 0.7649 0.000000
Total: 209.92354130744934
Total: 233.32444262504578